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Mortgage refinancing could save Americans $116,000

Por: Newsweek Nation December 12, 2023

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As mortgage rates retreat from October highs of more than 8 percent, Americans who purchased a home at that time may find a financial reprieve by refinancing their mortgages, with potential savings that could approach $116,000 over the course of a standard 30-year loan term.Amid economic data released Tuesday pointing to the Federal Reserve continuing its rate hike pause when it announces its decision on Wednesday, the mortgage market is seeing... + full article



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