Scrambling to Refi Before Rates Go Up? Your Appraisal May Be a Key Factor.

Mortgage rates are threatening to rise above historic lows – especially
with the Fed’s announcement Wednesday that it may no longer be “patient”
with a rate hike – so many homeowners will be scrambling to refinance
this spring. If you’re one of those folks, it is important to realize
that whether or not it will work to your advantage depends, in part, on whether
your home will appraise. In many areas of the US real estate prices are not
back ...

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