Refinancing your home is about to get more expensive. This is why | Anna Bahney, CNN Business

If there’s one a part of the economic system that’s doing properly, it is the mortgage business. Report low mortgage charges are driving so many individuals to refinance that the housing market is on monitor to see $2 trillion in refinances in 2020, second solely to 2003, in accordance with the Mortgage Bankers Affiliation.

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