More than 8 million borrowers can now benefit from refinancing their mortgage

Last week, Freddie Mac’s fixed mortgage rate fell to its lowest level in three years, bumping the pool of refinance candidates up significantly. At the end of June, approximately 8.2 million homeowners with mortgages could benefit from a refi, according to the latest data from Black Knight – a high not seen in more than two years.
Source: HousingWire Magazine