The three decade decline in mortgage rates is now at a trough. The Federal Reserve program to support the mortgage market ends today. If you haven’t refinanced your mortgage what are you waiting for? You may never see mortgage rates this low again in your lifetime.
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Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.