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I get a lot of questions about refinaincing homes.  Many people will contemplate refinancing vs buying another home.  With interest rates remaining near historic lows it is a great time to purchase a home.  However, if you prefer to stay in your current home, it is only worth refinanancing, in my opinion, if your current rate is over 5% and you plan to stay in the home for atleast two years.  If you need to refinance your home or get a pre-approval to buy a home, our RREA inhouse lender can help.  You can apply for a mortgage online with RREA or call 281.288.3500 and ask for Terry Traylor. 

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