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June 29, 2006

Refinance 2nd

The idea of refinancing your second mortgage is undoubtedly attractive - if you can pay off your present 2nd mortgage by obtaining another with better terms. But beware - refinancing your 2nd mortgage is only advisable under some situations. Study the prevailing interest rates and determine whether they are conducive to refinancing. Are the effective interest rates lower now than when you obtained your second mortgage? If so, then refinancing makes

From Refinance 2nd

Posted by Gary at June 29, 2006 02:48 PM