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 When is a good time to refinance your home?

Answer Mortgage refinancing is a process where a homeowner allows a lender to buy out his current mortgage in order to offer him a new loan with different terms. Because home mortgages are the largest sou... Read More »
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Top Q&A For: When is a good time to refinance your home

When is a good time to refinance a mortgage?

On One Hand: When Rates Drop at Least 1 PercentWhen interest rates drop at least 1 full percentage point from the borrower's current mortgage interest rate, a borrower should look into a mortgage r... Read More »
http://www.answerbag.com/q_view/1969376

How to Refinance a Home Mortgage With a Lien on the Home?

When interest rates decrease, many homeowners consider refinancing their mortgage. Refinancing reduces monthly payments, reduces the loan term or may give back some needed cash to do repairs or to ... Read More »
http://www.ehow.com/how_6549957_refinance-home-mortgage-lien-home.html

When is it a good time to take out a home equity loan?

On One Hand: Anytime is Good for Safe InvestmentsYou should be conservative when taking out a home equity loan. One good use of the money is for home improvements, because then the money will make ... Read More »
http://www.answerbag.com/q_view/1910519

What does it mean to refinance your home?

Refinancing your home refers to taking out a new mortgage to pay off your old mortgage. You may want to refinance to secure a lower interest rate or to change from a fixed-rate to an adjustable-rat... Read More »
http://www.answerbag.com/q_view/2119806


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