Homeowners rushing to refinance mortgages

[hometowngrl53]

Homeowners rushing to refinance mortgages
Federal Reserve’s surprise rate cut sparked a refinancing boom

NEW YORK - This week's surprise rate cut by the Federal Reserve not only held Wall Street and investors in thrall, it's also kicked into high gear a rush by homeowners across the country to refinance their mortgages at today's lower rates.


read here http://www.msnbc.msn.com/id/22828455/

[badmomma]

Thanks for posting this my current rate is six percent. We had already started to refinance before this came out. I hope that we get this new rate it should really help.

[thohome]

I don't blame people for trying to get a better rate.. I'm also at 6.5% but I'm not going to change it..