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Refinancing

Refinancing 101: Mortgage Refinance Basics

Refinancing 101: Mortgage Refinance Basics

A mortgage refinance is the replacement of an older mortgage with a new home loan that has different terms.  During the refinancing process, the existing mortgage is paid off by the opening of the new mortgage refinance loan, and the prior mortgage balance is carried over to the new loan. People refinance their mortgages for [...]

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