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Mortgage rates have fallen so much lately that millions of homeowners might benefit by refinancing – even if they bought a home just last year. A typical refinancer could save more than $150 a.
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The average American has “about 38,000 in personal debt, excluding home mortgage,” a $1,000 increase from last year,
Holden Lewis, NerdWallet’s home expert, says refinancing almost tripled compared to a year ago, and consumers who grasp the.
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