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By Craig Johnson

Finally Enough Cash

Surging home values draw more to the cash-out refinance.

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People are leveraging their greater equity to release cash from their home in amounts sufficient to consolidate debt or renovate the kitchen and bathrooms. With the cost of living climbing every day, it’s nice to know something beneficial to homeowners is also climbing: the amount of cash they can release from their home. The average rate for a 15-...
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