Mortgages: Why It May Be Time to Refinance Your Loan - Macro Insider

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Macro Insider

Mortgages: Why It May Be Time to Refinance Your Loan Macro Insider "If your ownership period is significantly less than 3 years, you're on pretty good grounds to gamble and prevent the closing fees of a refinance," says Lou Barnes, a mortgage banker in Boulder, Colo. Closing costs average 2% to 3% of the loan quantity.

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