No. of Recommendations: 1
"As mortgage interest rates fall further into uncharted territory, more homeowners in Massachusetts and across the United States are refinancing home loans to shorter terms, paying off their debts faster and saving thousands of dollars.

Economists say the trend indicates that lowering long-term debt has become a bigger priority for many borrowers than cutting monthly mortgage payments."

http://www.bostonglobe.com/business/2012/10/13/consumers-are...

This will create a stronger consumer in the next few years IMHO.

Andrea
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