Mortgage refinancing in Q2 saves U.S. borrowers $3.4 billion
Posted on August 1st, 2009 by Mortgage Refinancing News
Freddie-Mac-us.JPG According to Freddie Mac, half of the homeowners who refinanced their mortgages in the second quarter witnessed their interest rate dip by about 20 percent, saving them approximately $3.4 billion during the next year. The new interest rate in the second quarter was down by roughly 1.25 percent from the previous rate. read more
Filed under: Mortgage Refinancing News
