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There will be hidden costs, higher interest rates, fees or expensive fence.

And you can learn a lot about refinancing your mortgage when you take advantage of this powerful tool. But you must ensure that the information mortgage refinancing you get is accurate and useful.

If you use a mortgage broker be sure to shop in a class of offers and read all of the lower photograph.

If you already have a low rate which is variable, it is a good idea to switch to a fixed rate.

Second reason people refinance their mortgage is to "cash" part of the value they have built up over time and invest in a new project.

You can get more information on poor credit refinancing by clicking the link at the bottom of this article.