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December 11, 2014

Rational Homeowners’ Response to Global Financial Turmoil? “Time to Refinance”

“A [Financial] Crisis is a Terrible Thing to Waste” Thanks(?) to global financial turmoil in the wake of diving energy prices (how’s that for a “pinch me” moment??), investors are running to the perceived safety of bonds. Result:  mortgage interest rates are plummeting as well. The ten-year U.S. bond is now just above 2%. Meanwhile,...
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