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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Key takeaways Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both. With refinancing, you can change the loan type as well as your lender. Here’s how refinancing a mortgage works, the common options available to you and pros and cons to consider. What is refinancing?

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How To Get A Personal Loan In 8 Steps

Savings Corner

Once you’ve zeroed in on your loan amount, run some numbers using a personal loan calculator. Tip: Include fees in your loan amount calculations. You should also check their rates and use them with a personal loan calculator to get the most accurate idea of what your monthly payment will be.

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