Should You Break Your Fixed-Rate Mortgage for a Lower Rate?

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These five factors will help you figure out whether you'd come out ahead.I have been fielding a lot of calls lately from fixed-rate borrowers who are wondering if they could save money by breaking their current mortgage and switching to a lower rate.Today’s post will walk you through some examples of borrowers who would, and wouldn’t, save money doing this in the current environment.

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Original Article Source Credits: movesmartly,

Article Written By David Larock

Original Article Posted on : NA

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