When is the right time to refinance? | Detroit Lakes Online

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When is the right time to refinance?

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Is this a good time to refinance?

Interest rates often fall during tough economic times.

That is good news for homeowners who would like to shave a few dollars off their monthly mortgage payments.


That's because when interest rates fall, it's time to consider refinancing your mortgage loan.

If you can find a loan with a lower interest rate, your regular payments will drop.

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