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Find out if cash-out refinance may be the right option for you to refinance your current mortgage or get additional money for home improvements.
Rates are rising, but if you have equity built up in your home and have outstanding debt, now could be the time to investigate a cash-out refinance.
It's important to understand what homeownership equity is, how you calculate it, and why you may want to take advantage of it.
With mortgage rates still historically low, many Americans may be missing out on lowering their payments by refinancing. See if you can save more.
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Whether you want a mortgage refinance to lower your house payments or get cash back for home improvements, make sure you know these things first.