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Cash Out Refinance: Like Taking a Vacation on the House

If you are like many U.S. homeowners, you're experiencing higher property values and, depending what part of the country you live in, warmer temperatures and dreams of vacations. Then again, you may be more intent on making improvements to your home in anticipation of a 'staycation' later this year. In either case, as well as those involving milestone events like family reunions and college tours, a cash-out refinance may make your goal more affordable.

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