Answer :
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The correct answer to the question "What is not a good reason to refinance?" is A. On a mortgage that has been paid off.
Here's why:
1. Refinancing a mortgage that has already been paid off doesn't make sense because there is no existing mortgage to refinance. Refinancing involves replacing an existing mortgage with a new one to potentially get a better interest rate, lower monthly payments, or other financial benefits. If the mortgage is already paid off, there is no need for refinancing.
In summary, refinancing a mortgage that has been paid off is not a good reason to refinance because there is no existing mortgage to refinance in the first place.