Today, mortgage rates hit new 2016 lows — and some companies are reporting the lowest rates in three years. [graphiq id=”i58tjFMAjVb” title=”30-Year Average Fixed Rate Mortgage in the United States” width=”650″ height=”493″ url=”https://w.graphiq.com/w/i58tjFMAjVb” link=”http://mortgage-rates.credio.com” link_text=”30-Year Average Fixed Rate Mortgage in the United States | Credio” ] So if homeowners aren’t thinking about selling right now, there’s probably something else on their minds: refinance. Here’s how to refinance a home loan the right way. The 8 rules 1. Slow down. Yes, you might miss the boat, but better to do it right. 2. Remember that closing costs on a primary residence refinance are not tax-deductible. The interest saved is deductible. So, when you’ve com…
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