Want the lowest mortgage refinance rates? Do these 4 things now
Amid the COVID-19 pandemic, current homeowners have been given a gift – record low interest rates. In order to bolster the lagging economy, the Federal Reserve cut the interest rate to near zero (0.25%) in March 2020. Now, homeowners (even those who bought as recently as early 2020) should consider refinancing in order to maximize what they can save on interest.
Original Article Source Credits: Fox Business, https://www.foxbusiness.com
Article Written By: Lauren Bowling
Original Article Posted on: November 2
Link to Original Article: https://www.foxbusiness.com/money/lowest-mortgage-refinance-rates-what-to-do