for the heck of it Many homeowners believe that when the rate is low, it is time to refinance. This is wrong! There are other conditions to determine if it is the right time to refinance your home and not just by looking that the prevailing rate. Never refinance if you don't plan to stay at your home after a year or two or before you reach the break-even point. Never refinance if you have been... home. Never refinance if you have a bad credit score or if the current market value of your home
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