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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 your mortgage can result in huge financial savings. Think about refinancing your mortgage if: ... If you plan to be in the house that long, it could benefit you to refinance.

  4. How and When To Refinance a Mortgage Loan - AOL

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

    Refinancing a mortgage loan only makes good sense if you can get a lower interest rate than what you already have. So, say you took on a loan with 7% interest — a very high rate — refinancing ...

  5. 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 ...

  6. When should you refinance your mortgage? - AOL

    www.aol.com/finance/refinance-mortgage-152541677...

    Refinancing your mortgage could make sense for several reasons: lowering your interest rate, taking cash out or switching to a fixed-rate loan. For most borrowers, the ideal time to refinance is ...

  7. Types of mortgage refinance: How to choose - AOL

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

    There are many mortgage refinancing options, including: Rate-and-term refinance: Rate-and-term is a refinance option that swaps your current mortgage for a new loan with a new interest rate and/or ...

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