Mortgage rates have been unexpected throughout 2016, whether that was a lower-than-usual rate following Brexit or a sharp spike after the elections. But Black Knight Financial Services Senior Vice President of Data and Analytics Division Ben Graboske said millions of borrowers still could benefit from refinancing.
In recent analysis by the firm, they found nearly 9 million borrowers who could benefit from a refinancing, saving an average of $90,000 by going through the process.
Will they? Why haven’t they yet? Read on for our 1-on-1 interview with Graboske.