Stop making these mistakes when refinancing your home. The post 5 Common Mistakes Singaporeans Make When Refinancing appeared first on autopilot trading – Get Rich Or Die Tryin’
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8 common refinance mistakes. With mortgage rates below 4 percent, it’s still a great time to refinance your mortgage. But you want to make sure you avoid simple mistakes so you get the savings that you want. Failing to do your basic homework; Opening new credit accounts and running up debt; Having a low credit score
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740 score at 4.5% = $1,267 (Principal and Interest) In this scenario, that’s a difference of $75 per month. That could be the difference in whether it would make sense for you to consider a refinance. So does that mean that all hope is lost or that you shouldn’t refinance? No.
Mortgage refinancing: 10 common mistakes to Avoid There are several good reasons to refinance a mortgage–it can help you lower your interest expense, make your monthly payments more affordable, give you access to home equity, and/or consolidate other debts.