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November 29, 2006
When NOT to Refinance Your
There are times when the mortgage rates look incredibly appetizing and it seem as if everyone is jumping on the refinance bandwagon. While refinancing when the interest rates are very low may look like a good idea, not everyone would benefit from refinancing their home. Homeowners who already have a lot of debt, an existing a second mortgage or plan on moving in the future may actually find themselves paying more by refinancing at a lower rate than staying with their current
From When NOT to Refinance Your
Posted by Matt at November 29, 2006 08:48 AM
