Nearly 5 million homeowners can now save money on their mortgages

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 · More than 8 million borrowers can now benefit from refinancing their mortgage Refi pool jumps by 1.5 million as rates fall

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Nearly 5 million homeowners can now save on their mortgages Posted by: moneycentralmsn in MSN Money A sharp drop in interest rates last week suddenly made millions more borrowers eligible for a mortgage refinance.

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 · The average interest for 30-year fixed-rate mortgages is nearing 4% again, ushering the way for millions more homeowners to save money by refinancing. Nearly 6 million people can now.