From Yahoo.com….
Refinancing your home to capitalize on today’s lowest-ever mortgage rates has been one of hottest trends of 2020. Homeowners have been refinancing at more than double last year’s pace, according to multiple sources.
Mortgage rates keep dropping to new records, giving homeowners a major incentive to refinance and score savings. Rates have dropped to their 12th record low this year, in the long-running weekly survey from mortgage giant Freddie Mac.