Refinancing Boosts States From Florida to Nevada: Economy
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Harold Fuller said he’s planning a cruise with his wife to Bermuda, their first vacation in two years, after cutting his mortgage payments by $400 a month after refinancing their $212,000 home in Apopka, Florida.
“The key is to have cash flow to do some additional things,” said Fuller, 65, who’s also planning more weekend trips around the state. Fuller took advantage of the government’s Home Affordable Refinance Program, which allows the refinancing of homes worth less than their mortgage.