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Refinancing
Refinancing is often a great way to free up monthly cash flow and simultaneously pay-off lagging consumer debt. Seeing as your mortgage will typically offer a much lower interest rate relative to other consumer debts, refinancing has the potential to be a very powerful wealth-building tool (when used properly). That isn’t all! Accessing equity in your home can also be a means to purchase an investment property, perform home-renovations, and much more.
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