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What You Need to Know About Refinancing Your Mortgage

Interest rates are hitting new record lows, but banks do make it even more difficult. Here’s how you can better your chances. There has never been a more appropriate time for trying to refinance your mortgage. Rates are at record lows. The government is devising new programs to help homeowners. The economy and job market are improving, though at…

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Homeownership Now As Low as in 1965

We guess that the fact that young people are not interested in buying a home at once these days has been a big contribution to the fact that the housing industry has never truly recovered from the Great recession. This means that while the interest rates are still quite high right now, the percentage of new mortgages got lower… While it may fall in line with the kind of a wanderlust psychology that the…

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Americans Ask for More Refinancings This Year Than the Last Year

In a world where the mortgage payment’s interest gets as high as it can be, the refinancing is… Have interest rates fallen? Do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? Would you like to switch into a different type of mortgage? The answers to these questions will influence your decision to refinance your mortgage.

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