Home > Uncategorized > Refinance borrowers struggle to capitalize on low mortgage rates

Refinance borrowers struggle to capitalize on low mortgage rates

Borrowers are missing out on billions of dollars in savings because high rates of negative equity, tighter lending standards and falling incomes have made it difficult for many to refinance.

Federal officials are investigating ways to help refinancing borrowers, and last week the White House announced it will extend its Home Affordable Refinance Program.

<a href='http://bit.ly/aeCV0A
‘>http://bit.ly/aeCV0A

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