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Best mortgage lenders for refinancing. Because this is not your first mortgage, you want a lender that processes a refinance efficiently and helps you easily find the best rates and loan options.
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It pays to shop around for mortgage rates. Get free and anonymous mortgage quotes from multiple lenders to find a competitive rate for your home loan.
Compare Interest Rates. A lower rate results in a lower payment for the same loan amount. For example, the monthly principal and interest payment for a $250,000 loan with a 4.5 percent interest rate is $1,267. The monthly payment for the same loan with a 5.0 percent interest rate is $1,342.
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Bankrate regularly surveys large lenders in all 50 states to determine average rates and help you find the best deal.
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