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Consider refinancing your home

August 13, 2018

Description:Consider refinancing your home if interest rates drop by 1% or more. The important piece of this rule of thumb is “consider.” Refinancing is always a case-by-case issue, depending on how long you plan to own the home, your current rate, and how much the refinance will cost. But if rates drop by 1% or more, you should at least take time to do the math on a refinance.

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