Reasons remain to refinance mortgage - 2004-03-13
Mortgage bankers are apt to say that the refinancing boom is done with, even as large numbers of homeowners continue to stream into mortgage offices to refinance their loans.
2004 is expected to be the sixth-biggest year ever for refinancing home loans. Doug Duncan, chief economist for the Mortgage Bankers Association, estimates that homeowners will refinance $447 billion this year.
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