Mortgage Refinancing: 3rd Quarter Refinancing Saves Borrowers $3 Billion @ CD Rates (Certificate of Deposit) Best CD Rates, Jumbo CDs, Current Mortgage Rates, Rates

Freddie Mac released a report showing one half of borrowers who refinanced their conventinal mortgage in the 3rd quarter lowered the mortgage rate they were paying by 1.1 percent on average. The Collective dollar amount saved in the first 12 months...