The amount of applications to refinance homes in the U.S. has increased by 500 percent since October 2008. This sudden boost in refinancing is due to the fact that home mortgage rates haven't been this low since the 1960s. The cost of financing a home has dropped more than a full percentage point from last year, producing dramatic savings in monthly payments.
Check out these helpful Web sites if you're interested in taking advantage of low mortgage rates and looking into refinancing your home.
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