Mortgage Rates Hover Near Record Lows, But Americans Pay Much More

February 14, 2020

Bankrate.com, Feb. 14, 2020–James Royal
Mortgage rates are now hovering near all-time lows, causing a spike in refinancing in January. Yet while many Americans are rushing to cash in, reducing their monthly payments and the amount of interest they’ll pay over the life of the loan, millions of others are paying above-market rates.
https://www.bankrate.com/mortgages/cost-of-ignoring-your-mortgage-interest-rate/