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divorce and the home

4 Apr

Impact of Rising Rates on Homeownership and Divorce

“In the divorce world, the higher rates have made it harder to ‘uncouple’ the mortgage. Refinancing to remove an ex-spouse’s name and pull out equity to pay a marital settlement has become much more costly at today’s rates, so the retaining spouse has a significant desire to preserve the rate on the current mortgage” according […]

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