- Give-Aways & Offers
- Monthly Must Do's
- DIY Project Ideas
- Step-by-Step Guides
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Finally, check into refinancing your mortgage to lower the rate and term. Lowering the rate from 7% to 6.5% on a 15-year, $100,000 fixed-rate mortgage can save you more than $5,000 in interest charges over the life of the loan. Making extra, principal-only payments also can reduce the amount of interest that you pay, and the length of your loan.
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