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2. Mortgage refinance: What is it and how does it work? - AOL

   www.aol.com/finance/mortgage-refinance-does...

   A mortgage refinance changes the rate or term (or both) through a new mortgage loan. Is a second mortgage the same as refinancing? A second mortgage and a refinance are not the same thing.

3. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   Refinancing savings vary based on many factors, including the refinancing you choose, your new interest rate, your new loan amount, your credit score and history (and that of your cosigner, if you ...

4. Refinancing - Wikipedia

   en.wikipedia.org/wiki/Refinancing

   Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness ...

5. Mortgage and refinance rates for Dec. 17, 2024: Average ... - AOL

   www.aol.com/finance/mortgage-and-refinance-rates...

   What does it mean to refinance a mortgage? Refinancing is a process of trading in your current mortgage to another lender for lower rates and better terms than your current loan. With a refinance ...

6. Remortgage - Wikipedia

   en.wikipedia.org/wiki/Remortgage

   A remortgage (known as refinancing in the United States) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. [1] The term is mainly used commercially in the United Kingdom, though what it describes is not unique to any one country.

7. Mortgage and refinance rates for Jan. 9, 2025: Average rates ...

   www.aol.com/finance/mortgage-and-refinance-rates...

   Rates on a 15-year mortgage stand at an average 6.32% for purchase and 6.34% for refinance — up 3 basis point from 6.29% for purchase and 5 basis point from 6.29% for refinance this time last week.