Mortgage rates fall below 6%—how to decide if refinancing is worth it for you
Mortgage rates have fallen nearly one percentage point from a year ago, making it possible for some homeowners to save money by refinancing. The 30-year fixed rate slipped to 5.99% on Monday, down from 6.96% a year earlier, according to Mortgage News Daily. Last week, applications to refinance a home loan rose 7% and were…