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Why should I refinance my Chicago home and when does it pay to do so?

Posted by Dennis Hardy on Sep 2, 2008
  Why should I refinance my Chicago home (or any home in Illinois) and when does it pay to do so? Refinancing can be worthwhile, but it does not make good financial sense for everyone. A general role of thumb is that refinancing becomes worth your while if the current interest rate on your mortgage is at [...]