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Archive Home > 2009 > January > 24 > Refinancing? Watch out for these hurdles

Refinancing? Watch out for these hurdles

By Tara Siegel Bernard / The Bulletin
January 24, 2009

As mortgage rates hit new lows every week, the number of homeowners seeking to refinance their homes has spiked to its highest level in five years.

But many have been unable to win approval for their applications. And even some who do qualify have backed off, once they found out how difficult it....

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