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So you’ve heard people say you should refinance your home, but what does it really mean?

When you refinance you take another loan to pay off the loan you already took to pay off your home. This all might sound dumb because you end up back where you started, but there’s more.

When you refinance you can get a new interest rate. Since interest rates are really low right now it will most likely bring down your monthly payment as well. On top of that, you could ask for a bit more money just so you can remodel our house if you wanted to! 😉

Let me know your thoughts in the comments!

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I am not a financial advisor, this video, the topics discussed, and the ideas presented are opinions and presented for entertainment purposes only. I urge everyone to do their own research before participating in anything that requires time/money. Proceed at your own risk. Always do your own due diligence. This description may contain links from my affiliates, sponsors, and partners. If you use these products, I will get compensated - but there's no additional cost to you.
For business inquiries only, you can reach me at faares@faaresq.com

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