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By Marisa Schley

The Relationship Between Equity and Refinancing

What happens to your hard-earned equity when you replace your mortgage contract?

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There are so many reasons why homeowners choose to refinance. The chance to secure a shorter or longer term, reduced monthly installments, competitive interest rates, owning the home sooner, switching to a fixed or adjustable-rate...there's a variety of things you can accomplish with a mortgage refinance.But what about the equity you have spent yea...
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