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- Should you ACTUALLY refinance? #mortgage #ratecut #personalfinance
Should you ACTUALLY refinance? #mortgage #ratecut #personalfinance
Summary
People often fixate on the interest rate when refinancing, potentially overlooking other important aspects of the deal. Shady lenders may take advantage of this fixation by offering a lower rate while increasing other costs. It's important to consider the overall costs and benefits and understand the math behind the deal to make an informed decision about refinancing.
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