Mortgage refinancing isn’t a new concept, but whenever there’s a significant drop in mortgage rates, it’s not unusual for mortgage lenders to receive an influx of applications. Refinancing is the process of attaining a new mortgage to pay off an existing mortgage. The new mortgage comes with entirely new terms, which are typically better for [...]
Pros & Cons of Refinancing Your Home Mortgage Loan is a post from the Money Crashers personal finance blog.
Source: http://www.moneycrashers.com/pros-cons-refinancing-home-mortgage-loan/
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