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Refinance? Few homeowners can as mortgage rates top 6%

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The typical should-I-refinance-my-mortgage rule of thumb is that if you can reduce your current interest rate by 1% or more, 

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it might make sense because of the money you'll save. Refinancing to a lower interest rate.

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What percentage difference is worth refinancing? and What are the rules for refinancing? 

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current mortgage loan in good standing, enough home equity, a qualifying credit score, a moderate 

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This year will still be a good time to refinance for millions of homeowners. Record levels of homeowner 

One of the best reasons to refinance is to lower the interest rate on your existing loan. Historically, the rule of thumb 

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Each point typically lowers the rate by 0.25 percent, so one point would lower a mortgage rate of 4 percent to 3.75 percent for the life 

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Credit requirements vary by lender and type of mortgage. In general, you'll need a credit score of 620 or higher for a 

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