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Mike Burns's Answers

Should I refinance for 30 yrs or 25 yrs
Hi,My best advice is to refinance into a 30-year mortgage and here are a few reasons why:#1 - The probability of you actually paying on that same mortgage for another 25 years and paying the house off is extremely low. You will most likely move or refinance your mortgage in that period of time.#2 - You get...
Refinance from a 5.5% rate
You will be able to drop your rate by over 1 full point. Yes, it would make sense to refinance at this point.Mike Burns913-396-1911

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