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How much cash can you get with a refinance?

Por: CBS News Business March 06, 2023

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Homeowners looking for extra cash may be able to take out up to 80% of their home's value. Getty Images When you take out a mortgage, such as a 30-year fixed-rate loan, that might seem like nearly a lifelong commitment. While you're certainly responsible for that debt, you're not necessarily locked into that particular loan. Instead, you can refinance your mortgage, which means replacing your old mortgage with a new loan. The... + full article



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