Iowa Bankers Association Iowa Bankers Insurance & Services, Inc.
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Mortgage Rates Hover Near Record Lows, But America

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

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/

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