2nd Mortgage Flow

Hey - I bought my house two years ago with a 100% financing, I had a 80/20 ready. Both loans are defined, respectively, 6.5% and 9% in the second. I had sent a statement to my credit card company (Chase), which means I can take stock of the new owner of 2.99% until the loan amount is paid. So this is a good idea to transfer credit card my second mortgage? Thank you for your interest in credit cards is not tax deductible, interest on the first or second mortgage is tax deductible. I'll let you do the math. (By the way, if a two minute delay in this type of card 2.99% interest rate on the rebound to around 20%, and can make it "retroactive." I want to read the fine print carefully!) Joseph is correct, and the transfer is likely to have a ratio of 3%. Read the fine print.