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

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

    Pros and cons of mortgage refinance ... This can occur for multiple reasons. Mortgage lenders conduct a credit check to see if you qualify for a refinance, which appears on your credit report. A ...

  3. When should you refinance your mortgage? - AOL

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

    Refinancing your mortgage could make sense for several reasons: lowering your interest rate, taking cash out or switching to a fixed-rate loan. ... each with unique pros and cons. ... Here are the ...

  4. The Pros and Cons of Refinancing Your Home, According to a ...

    www.aol.com/news/pros-cons-refinancing-home...

    With today’s low interest rates, it’s hard not to sit there and weigh the pros and cons of refinancing your home. The pros—lower monthly payments, paying less interest long-term and getting ...

  5. Here are the top reasons refinancing your mortgage might make sense for you: Lower your mortgage interest rate: Your interest rate can impact the amount of your monthly mortgage payment. If the ...

  6. Loan modification vs. refinance: Which option is best for you?

    www.aol.com/finance/loan-modification-vs...

    As with any mortgage product, it’s worth evaluating the pros and cons before applying. Pros of refinancing. Lower interest rate: This has been a huge driver of refinances over the years. That ...

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

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

    Cash-out refinance cons You owe more: Because you’re taking out a larger loan amount, your overall debt load increases. No matter how close you were to paying off your original mortgage, the ...

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