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California Home Loan Refinance - Finding A Low Rate Refi Loan
Posted by nick_niesen on October 29th, 2010
Obtaining a refinance loan in California is easy regardless of credit. Because rates are low, homebuyers across the country are taking advantage of lower monthly payments and enjoying the long term savings. Furthermore
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Reasons for Refinancing Existing Mortgage Loan
Homeowners refinance their current mortgage for various reasons. For many, the idea of lowering their mortgage payment is a welcoming mat. Homes purchased in the 1990's likely have interest rates approximately 3 percentage points higher than current market trends. If you had bad credit, you may have a much higher interest rate.
By refinancing your mortgage and obtaining rates at low as 5 percent, you will save hundreds each month. The savings is a relief for homeowners who find themselves financially strapped. Moreover, if you opt for a cash-out refinance and borrow from your home's equity
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Ways to Get a Low Rate Refi Loan
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