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how long after buying a house can i refinance How Soon Can You Refinance Your Home After Buying. – Misconceptions. Refinancing will restart the mortgage terms and thus lengthen the time you will owe payments on your mortgage. When you are planning to stay in the house for a long period of time, refinancing for a lower interest rate can be beneficial. Refinancing when there are plans to sell soon will most likely cost you money instead of saving it.
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What does it mean when someone says they took a mortgage out. – In short, a mortgage is just a specific kind of loan — and taking out a mortgage means taking out a loan.
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