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

Savings Corner

APRIL 4, 2024

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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Refinancing Work Debt Financial Goals 52
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Get your FREE Family Balance Sheet Excel Spreadsheet

Family Balance Sheet

OCTOBER 16, 2017

The spreadsheet listed our short-term and long-term account balances, our debts, and our short-term and long-term financial goals. We are working towards some pretty big financial goals and we’ve hit quite a few already. I added a Net Worth calculation. Our goal: Increase Net Worth. Change #1.

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Family Financial Goals Debt Calculators 100
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