4 must-dos when refinancing into a record-low mortgage rate

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Mortgage rates have fallen to unbelievably low levels, and many borrowers are landing 30-year home loans at under 3%.

If you’re a homeowner with an existing mortgage, you might want to consider refinancing — even if your current loan is only a year old. More than 16 million mortgage holders are ripe for a refi, according to one recent study.

Refinancing at today’s record-low rates could save you a few thousand dollars a year in interest, and tens of thousands of dollars over the course of your loan.

If you think it might be time to replace your mortgage with a new one, here are four tips to make sure you get the most out of your refinance.

1. Be certain a refi is the right move

Before you commit to a refinance, there are a few important things you need to consider. Today’s basement-dwelling mortgage rates may look good

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Coronavirus puppy scams come with ‘red flags,’ expert says: Illegal Tender podcast

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This is the third and final part of Yahoo Finance’s Illegal Tender podcast about the puppy crimes of quarantine and online puppy scams. Listen to the series here.

Many dog owners will look back at the coronavirus lockdown and self-quarantine as the start of their puppy journey.

This season of “Illegal Tender” explores the world of online puppy scams through conversations with two victims and one industry watchdog.

This episode, concluding the season, is a conversation with Josh Kreinberg, chief administrative officer and general counsel at PuppySpot. Kreinberg is a dog owner and dog lover who’s dedicated his professional life to working for a company that places dogs with forever homes. 

Through his work at PuppySpot, Kreinberg is an expert when it comes to identifying online puppy scams and how would-be dog owners can protect themselves from becoming victims.  

The desire to welcome a new dog into your world might … Read More