Refinancing your home to pay off other debt (Ep. 8)

Is it time to refinance? Do you have equity in your home? Do have other debts that are draining your funds? Well then maybe it’s time to look at refinancing your home. You can take that equity out of your home and pay off that other debt which could be at interest rates of 5%, 7%, or 10% and instead be paying off that money at a much lower rate, around 2%. Using this strategy is going to save you a lot of money in monthly payments and get you much further ahead.

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