Refinancing makes sense only if you
A) will stay in the house long enough to recoup the refinancing costs.
B) can get a significant reduction in the rate.
C) can reduce your repayment period.
D) All of the these.
Correct Answer:
Verified
Q79: One discount point is equal to _
Q80: Refinancing a home incurs _ mortgage-related finance
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Q82: Which of the following statements is true
Q83: A good reason to refinance your home
Q85: A balloon mortgage is
A) usually amortized over
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Q89: If a borrower wants to lower a
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