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If you’re a homeowner, you might be hearing everyone from neighbors to news anchors talking about refinancing. But what exactly is a mortgage refinance? How do you know if you should do it? And if refinancing is a good idea, what’s the best way to go about getting it done?
Even the most experienced homebuyers can be uncertain of what goes into refinancing. But the truth is, it’s not as complicated as it may seem. This guide will help you:
- Determine your refinance goals
- Understand potential loan options
- Get the tools to be a savvy rate shopper
- Prepare for a smooth refinance journey