Five Questions You Might Want To Ask Before You Refinance Your Home

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Refinancing your home might be a great way to save money or tap into the capital needed to pay off large debts. However, a refinance can also be an expensive endeavor, and you could even risk harming your credit rating or risk foreclosure if you're not careful. Before you take the plunge with a refinance, here are five essential questions that you should ask before signing on the dotted line. How Much Equity Do I Have In My Home? Many homeowners today owe more on their mortgage than what the property is actually worth. For mortgage refinancing to be possible,…
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