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If you’re a homeowner, your mortgage payment is probably your largest monthly expense. So it’s wise to stay alert for opportunities to refinance to a lower rate and cut your payment. Laura covers what a mortgage refinance is, common reasons for doing one (in addition to saving money), and five ways to know if it’s a good idea for your situation.
Do you really need a mortgage refinance?. And that can be a great option, Subscribe for weekly real estate news and advice from realtor.com Sign Up Please enter a valid email address.