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

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

    Closing costs on a mortgage refinance can run between 2 and 5 percent of the amount you refinance. These line items include discount points, your loan’s origination fee and an appraisal fee to ...

  3. When should you refinance your mortgage? - AOL

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

    Refinancing a mortgage involves swapping out your current home loan for a new one, often with a different rate and term. The process is similar to when you initially purchased your home. Our ...

  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. When should you refinance your mortgage? - AOL

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

    Refinancing a mortgage is when you take out a new home loan to replace your current one. If you bought your home when interest rates were higher than now, refinancing could be a way to save on ...

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

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

    Cash-out refinance requirements. ... Pros and cons of cash-out refinancing ... A rate-and-term refinance is a new mortgage that is the same size as the old one (the outstanding balance, that is). ...

  7. 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 ...

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