Business Columns & Blogs

August 18, 2013 12:00 AM

Bill Virgin: Mortgage refinancing can be barometer of hyperlocal trends

We refinanced our mortgage. Hooray for us. But by that low standard, hooray for half of humanity, which seemed to have gotten applications in ahead of us, thus delaying our closing as we continued to make payments at an interest rate more than twice what the new loan would carry.

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