Jean Chatzky
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Today’s Money: Is it time to refinance?

The interest rates we are seeing on mortgages now are extremely low — historically low, even. While refinancing might seem like a no-brainer, there are certain factors you need to consider before heading to the bank to refinance. To see the litmus test you should use before refinancing (hint: your credit score is a factor!), check out my segment from this morning’s TODAY Show:

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