Oklahoma owners rush to refinance before rates stop falling
A mini rush to refinance home mortgages is on — and off, and on.
It’s hurry-up-and-wait for homeowners with good credit who are watching a recession and wondering what interest rates will do next, lenders said.
Even with rates at historic lows — 5 percent to 6 percent for a 30-year traditional home loan — some people are holding out for a lower rate.
The cash-out refi boom is over, sa...
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