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There are lots of benefits to refinancing your home if you understand the terms of the loan and know a little bit about your future financial outlook. Simply put, refinancing is adjusting the terms of your mortgage. You can adjust your mortgage to pay more per month so that the life of your loan is shortened. Or you can adjust your mortgage to pay less per month so that the life of your loan is lengthened. Both can be advantageous if used properly, and both can be hazardous if used recklessly. W Visit site »| Tweet |