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Is refinancing right for you?

Feb 11th, 2010 by D.J. Rausa

It should come as no surprise, but as I look through the San Diego Daily Transcript I notice page after page of foreclosure notices. The good news is that mortgage rates remain low, average 5.01 % on a 30 year fixed. Home sales remain on a downward trend. The optimal time to refinance may be coming to an end as the Federal Reserve may stop supporting the market by the end of March.

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