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Refi Mistakes to Avoid
Video of refinance mistakes outlined by Jack Guttentag
Aug. 2, 2010
The "Mortgage Professor" has a few pieces of advice for borrowers who are considering a refinance.
Jack Guttentag shared some of the most common mistakes consumers make when determining whether to refinance their mortgages. His advice was outlined in a video from MarketWatch.
Among the mistakes he covered was determining the break-even period for a refinance. Variances in loan terms will impact the break-even point.
