Mortgage Rates Drop Again; Homeowners Can Save Hundreds Per Month By Refinancing

Mortgage rates are continuing their downward spiral. The average rate on a 30-year fixed-rate loan has dropped to just 3.82%—down from 4.54% last June and its lowest point in nearly two years. About 6.8 million homeowners could now qualify for a refinance and save around $270 per month Via Forbes - Real Estate http://bit.ly/RB3zJO