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By Dan Taft

Cash Out Refinances Are Suddenly All the Rage

Historically low rates are driving more and more homeowners to tap into their home equity.

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Whether it’s home renovations, consolidating debt, going on that dream vacation you’ve been putting off forever, or paying for your kid’s college education, or maybe even their wedding, there are plenty of reasons homeowners tap into their home equity with cash out refinances. And now, with mortgage rates dropping under 2% on 15 year fixed loans, a...
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