New FTC rules combined with low interest rates are boon for borrowers.
WASHINGTON - Don't look now but mortgage rates are really, really low — practically at record low levels. Homeowners who still have adequate equity might want to jump on this and refinance one more time. Or start using their home equity line again. Or switch to a fixed-rate loan. Or give up on their plans to pay off their home quickly and stretch it out as long as possible.
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Source: www.msnbc.msn.com
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