3 On Your Side: Refinancing Your MortgageTo refinance or not to refinance, for many homeowners these days, that's the question. The interest on a 30-year fixed rate mortgage is now averaging 3.87 percent. So does it make sense to refinance? Or if you already have refinanced does it make sense to do it again?
3 On Your Side: Mortgage Rates DropIf you’re looking to lower your monthly house payments, now might just be the time to act as mortgage rates have fallen again. 3 On Your Side Consumer Reporter Jim Donovan finds this is fueling a boom in refinancing.