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Are you eligible to refinance?
Have interest rates fallen? Or do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? http://www.federalreserve.gov/pubs/refi... |
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Refinancing - Wikipedia, the free encyclopedia
This type of refinance may not help lower the monthly payment or shorten mortgage periods. It can be used for home improvement, credit cards, and other debt consolidation ... http://en.wikipedia.org/wiki/Refinancing |
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