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Low Interest Rates

  • Writer: Joshua McCracken
    Joshua McCracken
  • Mar 2, 2020
  • 1 min read

Last week, my wife and I personally refinanced our home to be able to take advantage of lower rates, saving us thousands over the duration of our mortgage's life.

The impact your interest rate has on your monthly mortgage payment is significant. An increase of just $20 dollars in your monthly payment can add up to $240 per year or $7,200 over the life of your loan.

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