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  2. How to get the best refinance rate on your mortgage - AOL

    www.aol.com/finance/best-refinance-rate-mortgage...

    Today’s refinance rates are hovering between 6.4 and 6.8 percent for fixed-rate loans; adjustable rates run around 6.2 percent. The national average 30-year fixed refinance APR is just under 7 ...

  3. When should you refinance your mortgage? - AOL

    www.aol.com/finance/refinance-mortgage-152541677...

    $4,000 / $150 = 26.6 months. So, if you were to close your new loan today, you’d officially break even just over two years and two months from now. If you live in the home for five years after ...

  4. Are cash-out refinance rates higher? How to get the best rate

    www.aol.com/finance/cash-refinance-rates-higher...

    As with the interest rates on many types of financial products, cash-out refinance rates change frequently. As of late December, the national average 30-year fixed refinance APR is 7.15 percent.

  5. Mortgage refinance: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-refinance-does...

    With refinancing, you can change the loan type as well as your lender. To refinance a mortgage, you'll pay between 2 and 5 percent of the loan amount in closing costs, so if you're refinancing to ...

  6. Refinancing a home equity loan: When and how to do it - AOL

    www.aol.com/finance/refinancing-home-equity-loan...

    Equity check: Calculate your current equity stake. If your home’s value has increased, for instance, from $250,000 to $300,000, and you have paid down your mortgage and previous home equity loan ...

  7. Cash out refinancing - Wikipedia

    en.wikipedia.org/wiki/Cash_out_refinancing

    The difference between cashout refinancing and a home equity loan are as follows: A home equity loan is a separate loan on top of a first mortgage. A cash-out refinance is a replacement of a first mortgage. The interest rates on a cash-out refinancing are usually, but not always, lower than the interest rate on a home equity loan.

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