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How one homeowner saved more than $1,300 per month by refinancing

Posted by Bonnie Martin Designated Broker on Wednesday, October 9th, 2013 at 2:16pm. - If you wanted to refinance your mortgage in the past, but couldn’t because your home was underwater (worth less than what you owe on your mortgage), you may be in luck.

According to a report from CoreLogic, a provider of consumer, financial, and residential property information, home prices nationwide increased 12.4 percent on a year-over-year basis in August 2013, compared to August 2012. This means your home's value may have risen without you even knowing it, and as a result, you may qualify for a refinance.

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