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Homeowners are rushing to refinance their mortgages following the recent drop in mortgage rates, according to the Mortgage Bankers Association. The new rates are a welcome relief in a market that has been strong for years. Investopedia’s Editor-in-Chief Caleb Silver explains the best way to navigate falling mortgage rates. August 16, 2024
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Now Playing
Falling mortgage rates lead to a surge in mortgage refinancing applications
03:54
next time
Inflation falls to lowest level since end of COVID-19 pandemic
00:23
Inflation has fallen to its lowest level since 2021. Are Americans feeling it?
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With inflation at a three-year low, the campaign is featuring competing economic visions.
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Inflation falls to 2.9% in July: Will the Fed cut rates?
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