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Cash-Out Refinancing: How It Works, When To Do It

Savings Corner

APRIL 4, 2024

Christina Zelow Lundquist/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways Cash-out refinancing allows you to turn equity into cash through refinancing your mortgage. The terms of your refinanced mortgage might significantly differ from your original loan, including a new rate or longer or shorter loan term.

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How to Save Money on Your Home’s Mortgage

Prairie Eco-Thrifter

MARCH 16, 2011

Get a property tax assessment. Your tax bill could be incorrect. Your state or province may be overbilling you for the cost of your personal property. Refinancing your loan can save your thousands of dollars a year in interest payments. What kind of opportunities have you taken advantage of? Please share.

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Saving Money Money Insurance Property Taxes 124
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