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Three Reasons Not to Refinance
If you're afraid to tell your financial advisor about the deal, then take it as a sign that you're making a bad move. If you find yourself unable to share details of the loan because you know, deep down, that's it's not a good long-term move, you may want to rethink your options. In our frenetically paced world, time is a luxury. For a person considering a mortgage refinance, it's a necessity. Before you sign on the dotted line, take time to share the loan details with a trusted financial advisor. If a refinance will look good year after year, then go for it. Otherwise, you may want to wait for a better deal to come along.