For the past seven years the US has seen interest rates for home loans consistently below five percent. These rates are unparalleled in our history, but in the last months we’ve heard rumblings that the Federal Reserve Bank will start increasing rates sometime before the end of the year which will likely hit the mortgage rates not too long after. This may be the last best time to refinance before these historic rates are gone. Here are 10 mortgage refinancing mistakes to avoid:
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