It took 8 months to refinance my mortgage, but it's worth it - Business Insider

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'It took months longer than I expected to refinance my mortgage, but now I'm going to save tens of thousands on interest'

We called a mortgage broker back on March 3, and on March 18 he told us he was too busy and that the rates would continue to drop. At that time, the rates were at 3%, according to his email . It was unique to us that a broker didn't have time to add us to his client list. Doesn't everyone want new business? However, he never followed up with us again, and we let things sit for a while.

But it turned out that our financial institution was busy with new mortgages and refinancing as well, in part because so many Americans were apparentlyThe other driving force behind the busy loan offices was that in March, theRefinancing is ultimately worth the wait

 

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