Is It Time To Refinance Your Mortgage?

摘要

Applications for mortgage refinancing tripled in December as news that the U.S. Federal Reserve would buy up to $600 billion of mortgage debtrnsent interest rates lower. Business Week personal finance editor Lauren Young spoke with mortgage expert Keith Gumbinger of HSH Associates, a financial publisher, about whether it's time to dive in.rnMortgage rates have fallen significantly. Should homeowners wait for a new government program to push rates even lower?