Vittorio Hernandez – AHN News New York, NY, United States (AHN) – More American homeowners are reducing the terms of their mortgages because of low interest rates and a desire to reduce debts. According to Freddie Mac, 34 percent of refinancers changed to 20- or 15-year loans. It is the highest level in switches in [...]
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34 percent of refinancers in the U.S. shift to shorter mortgage terms in Q1
August 17th, 2011 
davidguide 
Posted in Loan News 
Tags: barack obama, equity, fannie mae, fannie mae and freddie mac, finance system, fixed rate mortgage, Hernandez, level, low interest rates, News, online, percent, President, rate, stock, treasury securities, Tree, volatile stock market, white house spokesman, year fixed rate mortgage 
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