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  • The Decision Making Requirements for a Second Mortgage Refinancing
    With lower interest rates the industry standard for real estate, taking out a second mortgage instead of refinancing the first mortgage has become more popular in recent years. A few years ago the average person was able to purchase a home at an 8.5 to 10 percent interest rate. These people stand to gain by refinancing at a rate that is now at 7 percent or less.
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