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    p>The best way to evaluate if refinancing your mortgage makes sense in your situation is to evaluate the cost
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    You may be considering refinancing your mortgage but are unsure if a new mortgage makes sense in your situation. Many financial advisors tell you not to refinance unless the new mortgage interest rate is two percent lower than your existing mortgage; however, the two percent rule of mortgage refinancing is simply rubbish. Here are several tips to help you decide if mortgage refinancing makes sense in your financial situation.

    The best way to evaluate if refinancing your mortgage makes sense in your situation is to evaluate the cost

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    on. Many financial advisors tell you not to refinance unless the new mortgage interest rate is two percent lower than your existing mortgage; however, the two percent rule of mortgage refinancing is simply rubbish. Here are several tips to help you decide if mortgage refinancing makes sense in your financial situation.

    The best way to evaluate if refinancing your mortgage makes sense in your situation is to evaluate the cost

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    ower than your existing mortgage; however, the two percent rule of mortgage refinancing is simply rubbish. Here are several tips to help you decide if mortgage refinancing makes sense in your financial situation.

    The best way to evaluate if refinancing your mortgage makes sense in your situation is to evaluate the cost

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    ere are several tips to help you decide if mortgage refinancing makes sense in your financial situation.

    The best way to evaluate if refinancing your mortgage makes sense in your situation is to evaluate the cost

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    p>The best way to evaluate if refinancing your mortgage makes sense in your situation is to evaluate the cost and savings of your new mortgage. Rather than trying to find a mortgage rate that is 2% lower, consider how long it will take you to recoup the expenses and realize a savings.

    Suppose your closing costs and expenses add up to $2,500 and your mortgage payment will be $75 lower each month. It will take you 34 months; just over two and a half years to recoup the expense and benefit form the savings. Is mortgage refinancing wor

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