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Americans rush to refinance homes as mortgage rates drop

Por: Newsweek Nation January 11, 2024

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American homeowners are jumping to refinance their mortgages after a drop in rates from their peak in the fall, according to the Mortgage Bankers Association (MBA), giving them the opportunity to cut their monthly payments towards their home loans.The holiday-adjusted Refinance Index from the MBA saw activity in that space go up by 19 percent from the week before and a 30 percent jump from a year ago, lenders said.Mortgage rates ticked up... + full article



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