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To refinance or not to refinance

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Our initial mortgages (yes, 's' as in more than one) was taken when we bought our house in October 2006, and consisted of:
*the main mortgage (80%), a 30-year at 6.375%
*a piggyback, amortized over 30 years, but a payout after 10 (or was it 15?) years. Rate: 8.125%.

In...

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