3 Things Homeowners Wish They'd Known About Refinancing
When focusing on lowering their monthly payment, some refi customers lose sight of these other effects of a mortgage refinance.
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People come to the topic of refinancing their home mortgage for a number of reasons, chiefly to take advantage of lower interest rates. When rates drop substantially from what you're currently paying, not only are lower payments a possibility but so is owning your home faster. A refinance is also the chance to switch mortgage companies if that's wh...