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2. When should you refinance your mortgage? - AOL

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

   You plan to sell your home soon: If you’re selling soon, you’re unlikely to be in the home long enough to recover refinancing costs. (This is why calculating the break-even point — see below ...

3. Pros and cons of a cash-out refinance - AOL

   www.aol.com/finance/pros-cons-cash-refinance...

   A cash-out refinance allows you to convert a portion of your home’s equity into money you can use for other expenses and financial goals. Some homeowners use the funds to consolidate debt, fund ...

4. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   By refinancing, you’d save about $220 on your monthly payments and nearly $30,000 in interest payments over the life of the loan, and it would take you about three years to recoup the closing ...

5. 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.

6. Cash-out refinance: What it is and how it works - AOL

   www.aol.com/finance/cash-refinance-works...

   A cash-out refinance turns your ownership stake into ready money by replacing your current mortgage with a new, larger loan. You receive the difference between the two in a lump-sum payment.

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

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

   Discount points: If you opt to buy down your interest rate as part of the refinance process, you’ll need to pay your lender for the lower rate. Costs that come with a no-closing-cost refinance

8. Refinancing for home improvement: How it works - AOL

   www.aol.com/finance/refinancing-home-improvement...

   Let’s say you still owe $70,000 on your home, which has an appraised value of $250,000, and you decide you want to add an in-law apartment (a little home-within-the-home) to your residence.

9. Should I refinance my mortgage in 2024? - AOL

   www.aol.com/finance/refinance-mortgage-2024...

   The main objective of refinancing is to obtain a lower interest rate and save money. That doesn’t mean you can’t refinance in times of higher interest rates, however.