Mortgage Refinance Checklist #2: Does It Make Financial Sense?
Sometimes fees and penalties mean that you barely break even with a refi, so you definitely want the numbers on your side before getting started.
This is the second installment of our refi checklist series. In the first one, "Your Goals," we helped you decide what you wanted to get out of a refi: lower payment, shorter term, cash out, change of lender, or some combination of all four.
This time we delve into a list of financial considerations for refinancing. After all, if it's not...
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