Refinancing your home right now could have a massive impact on your finances. You should take advantage of the Federal Reserve’s response to the current crisis, especially now that mortgage rates are so shockingly low.
In fact, Yahoo Finance has reported that rates have dropped by 3.29%. To put that into perspective, the average American could save as much as $700 a year for every $100,000 borrowed.
You could use this opportunity to take some worries off your chest as it’s always important to take advantage of every government action.
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