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The Fed is about to cut interest rates. Here’s when to refinance your mortgage.

Andrew Keshner,Aarthi Swaminathan
~1 minute

With mortgage rates falling, there’s been upswing in mortgage refinances. But the time may not be right for you.

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A home may be forever, but a mortgage rate doesn’t have to be.

With Federal Reserve interest-rate cuts coming into view, homeowners whose mortgage rates are at 6% and 7% may start considering refinancing to cut their monthly payments. Refinancing a mortgage can be a good move, but it’s not a simple one, financial advisers say.

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