5 Factors to Consider When Refinancing

A Minnesota-based mortgage firm has some advice about deciding whether or not to refinance. As interest rates keep posting record or near-record lows, mortgage refinancing remains the largest share of mortgage business locally and nationwide. The low rates aren’t doing much to spark new mortgage applications, as fewer people shop for new or different homes. But refinancing to get the lower rates for an existing mortgage continues to be very popular.

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