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Posted on May 25, 2024

. A homeowner took out a 20??year ?xed??rate mortgage of $175,000. The mortgage was taken out 7 years ago at a rate of 6.75 percent.

. A homeowner took out a 20â??year ?xedâ??rate mortgage of $175,000. The mortgage was taken out 7 years ago at a rate of 6.75 percent. If the homeowner refinances, the charges will be $2,850. What...

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