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

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

   To refinance a mortgage, you’ll pay between 2 and 5 percent of the loan amount in closing costs, so if you’re refinancing to save money, you’ll need to calculate your break-even point.

3. 4 ways to get equity out of your home — and what to know ...

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   Your home equity offers a valuable way to pay off debts, ... As with a mortgage refinance, a reverse mortgage isn’t the best option when interest rates are high, as a high rate can lower the ...

4. When should you refinance your mortgage? - AOL

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

   Refinancing a mortgage involves swapping out your current home loan for a new one, often with a different rate and term. The process is similar to when you initially purchased your home. Our ...

5. No-closing-cost refinance: What it is and how it works - AOL

   www.aol.com/finance/no-closing-cost-refinance...

   The closing costs on a mortgage refinance for a single-family home averaged $2,375 in 2021, according to ClosingCorp. Refinance closing costs vary widely from state to state , however.

6. How to refinance when you have a second mortgage - AOL

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

   Piggyback mortgage: A piggyback mortgage helps fund a down payment on a house, allowing you to avoid paying for mortgage insurance or taking out a jumbo loan. 5 steps for refinancing your second ...

7. Do you need a down payment to refinance your mortgage? - AOL

   www.aol.com/finance/down-payment-refinance...

   So, if the mortgage rate on a $150,000 refinance would normally be 7 percent, paying one point could reduce it to 6.75 percent, at a cost of $1,500 upfront. Shop around .