Applications to refinance home loans jump as mortgage rates drop [Video]

Homeowners are racing to refinance their mortgages following a recent fall in mortgage rates, according to the Mortgage Bankers Association. The new rates are a welcome relief in a market that’s been hot for years. Editor-in-Chief at Investopedia, Caleb Silver, explains how best to navigate the fall in mortgage rates.

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#Mortgage #Homebuying #Refinance