The No. 1 Reason Homeowners Refuse to Refinance

Around 19 million homeowners could save money on their mortgages by refinancing — but many fail to do so because “they’re not sure it’s worth it,” according to a recent survey. A YouGov survey for Forbes Advisor found that 34% of survey respondents cited that reason for not refinancing. Forbes believes “borrower burnout” may be behind such reticence: “As loans get older and borrowers have more…

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