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Refinance Opportunities Rise
Refinances rise as mortgage rates dip: ?It's cheap money out there'
June 6, 2010
By KRISTY EPPLEY RUPON The State, Columbia, S.C. (MCT)
As investor flee Europe and seek the safe haven of U.S. Treasuries, mortgage rates have fallen to the lowest level in more than a year -- providing another chance for borrowers to lower their interest rates and cut their payments. But be prepared for bigger documentation requirements and longer wait times than in the past.