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Economy: Why NOW May Be A Good Time To Refinance A Mortgage

Why Now May Be a Good Time to Consider Refinancing a Mortgage By JENNIFER SARANOW SCHULTZ   With mortgage rates hitting record lows, it may be time to think about refinancing. The rate on a 30-year fixed mortgage with no points hit 5.01 this week, slightly up from 5 percent last week but down from 5.97 percent this time last year, and the 15-year fixed mortgage rate hit 4.46 percent, compared with... [Read more]