What you will need to know about refinancing your residence

Home loan prices are at their optimum levels considering the fact that Oct 2014. A 30-calendar year fastened charge financial loan now averages four.2 percent. About fifty six percent of home loan candidates are homeowners hunting to refinance. In this installement of our “Eye on Funds” series, CBS Information enterprise analyst Jill Scheslinger joins “CBS This Morning” with some vital reminders if you happen to be considering about a new home loan.

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