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The 2% rule for refinancing refers to the guideline that suggests homeowners should consider refinancing if they can lower their interest rate by at least 2%. This rule has gained traction because saving on interest can significantly reduce overall mortgage costs. When evaluating your options, consulting resources such as the USDA Refinance Fact Sheet can provide valuable insights. Additionally, platforms like USLegalForms can help you navigate the process smoothly and efficiently.
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