U.S. mortgage refinancing growth weakens - 2004-05-31
As interest rates lurch more and more, the home-refinancing craze has passed, as reported in a monthly consumer poll.
The majority of U.S. mortgages can be promptly refinanced when interest rates are at a minimal rate, freeing up sizable amounts of money that would otherwise have been focused on interest payments.
Read the full story at Montreal Gazette, Canada 
