Why You May Or May Not Want To Take Cash Out When Refinancing

Jan 11
09:20

2010

Rob K. Blake

Rob K. Blake

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The new low interest rates on mortgages has pretty much resulted in a refinancing frenzy. Many people going through this process have been faced with the question of taking cash out when refinancing or simply redoing the loan for what they already owe. While taking cash out can have it's benefits, there are also things that may not be beneficial to consider as well.

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