Interest rates are still at extremely low levels, and while that’s bad for savers, individuals looking to borrow money are finding that the costs of doing so continue to be relatively affordable. Loans for new cars and other types of consumer products have certainly become more affordable due to these low interest rate conditions. But there’s perhaps nothing that has received a greater benefit than the home mortgage market.
Low rates on new and refinance home loans continue to be extremely attractive. But the choice of whether or not to refinance your existing mortgage is not necessarily an easy one.
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Should You Refinance Your Mortgage?
Wednesday, January 14th, 2015
Interest rates are still at extremely low levels, and while that’s bad for savers, individuals looking to borrow money are finding that the costs of doing so continue to be relatively affordable. Loans for new cars and other types of consumer products have certainly become more affordable due to these low interest rate conditions. But there’s perhaps nothing that has received a greater benefit than the home mortgage market.
Low rates on new and refinance home loans continue to be extremely attractive. But the choice of whether or not to refinance your existing mortgage is not necessarily an easy one.
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