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Refinancing a home equity loan can lower monthly payments and lengthen or shorten your loan term. Drawbacks to refinancing a home equity loan include prepayment penalties and closing costs.

Here are the average annual percentage rates (APR) on 30- and 15-year fixed mortgage refinances and 5/1 ARM refinances: Today’s Mortgage Refinance Rates The average APR for a 30-year fixed refinance ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. But even if there's no change made ...

Refinancing a home can be a very smart financial move for many homeowners looking to lessen the burden of paying a loan. It involves replacing your current mortgage with a new one that has favorable ...

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Mortgage rates have dropped significantly in recent months, and that means one thing for those who bought a home in the last couple years: It might be time to refinance. Refinancing your mortgage ...

Refinancing your mortgage may not be the best decision for you, so consider the reasons not to refinance your home. A homeowner with financial woes could find themselves considering refinancing their ...