Refinancing a Second Home

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Refinancing a Second Home May Not Be As Easy As You Think

By The BIDaWIZ Team on August 20th, 2012 at 8:00 pm

Those lucky enough to have a vacation home or investment property, may be getting anxious to refinance with average 30 year and 15 year mortgage rates at 3.75% and 3.00%, respectively. However, property owners need to aware that lenders typically have a different and stricter set of guidelines when reviewing a refinancing application for a second home. .

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