Saturday , 23 January 2021

2014 Refinancers Expected to Save $5 Billion This Year

By Brian Honea

The refinance boom may be losing steam, but near-record low mortgage rates encouraged more borrowers to refinance in Q4, according to Freddie Mac’s 2014 Q4 Refinance Report released Wednesday. Mortgagors who refinanced their loans in 2014 are projected to save on net a total of about $5 billion in interest over the next year, according to the report.

The post 2014 Refinancers Expected to Save $5 Billion This Year appeared first on theMReport.com.

Via:: 2014 Refinancers Expected to Save $5 Billion This Year

      

Comments

About MReport

MReport

Check Also

The Richest Appraiser in Babylon

If you’ve not read “The Richest Man In Babylon” by George S. Clason, stop reading …