Fewer Refinancers Interested in Shortening Loan Terms

Mortgages

Fewer Refinancers Interested in Shortening Loan Terms

Fewer Refinancers Interested in Shortening Loan Terms

Refinancing a mortgage has become a popular option for current homeowners in the last year or so, as rates have held steady at well below 4 percent for some time. However, new data show that in general, the number of people who also use the refinancing opportunity to shorten their loan terms is shrinking. In… Read More