Q&A: Does refinancing a mortgage hurt your credit score?

Question by tracyb67: Does refinancing a mortgage hurt your credit score?
I am in an arm loan and am looking to refinance after 2 years. I heard that refinancing tin drop your credit score up to 30 points? Am i best off trying to sell or refinancing if i’m planning on selling after 5 years?

Best answer:

Answer by colemansbluff
I have never heard it will effect your score, if it saves you money I would go for it

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