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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 320.58-0.5%1:54 PM EST

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To: Kirk © who wrote (5285)2/2/2003 11:02:36 PM
From: Pink Minion  Read Replies (2) of 25522
 
IF I refinance $100,000 in mortgage, lowering rates by only 1%, then I have roughly $1,000 a year more money to spend without adding any debt!

It cost you 2K for the new loan. You probably rolled the cost into the new loan which is more debt. It'll take you 2 years just to get back to even.
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