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380 | Optionality: Making Choices with Finite Resources

ChooseFI

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Why Wouldn't I Refinance My Mortgage?

Many people, especially in the fi community, want to pay their mortgage off real quick. So they re finance and get a 15 year term or as short a term as youposs we can. The only discernible difference between the 15 and the 30 year locked-in terms is a small interest rate spread. "I made that decision based on just looking at its cost benefit and its options"

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