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By Craig Johnson

Mortgage Recasting Explained: Why You Might Want to Do It

Keep your great low interest rate while lowering your payment—the double benefits of mortgage recasting.

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Cash-out refinancing may take up the billboard space, vie for attention in your social media feed, and fill the airwaves with radio and podcast commercials, but you actually have another option for lowering your mortgage payment. It's called mortgage recasting. Few homeowners know about it. Many might want to do it. What we will cover. What is mor...
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