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Mortgage Interest Rates

Our friend and fellow-speaker, Janet Xuccoa of Gilligan Rowe & Associates, received this question and we thought it would be of interest to our readers:  Q. Janet, my home mortgage interest rate is 6.5%.  Given interest rates have fallen, should I look at refinancing? A. I feel for you. Hindsight’s a great thing isn’t it?  Many borrowers have fixed as it wasn’t widely anticipated interest rates would fall.  Consequently, they are now pa…

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