The World

As interest rates drop re-financing mortgages looks more attractive

As interest rates for mortgage loans continue to drop, homeowners are looking to refinance and lock in lower long term rates. Takeaway contributor Alvin Hall talks about whether it’s a good time to refinance and how to go about it.

As interest rates for mortgage loans continue to drop, homeowners are looking to refinance and lock in lower long term rates. But most applicants are getting turned down. Takeaway contributor Alvin Hall joins host Adaora Udoji to talk about whether it’s a good time to try and refinance and how to go about the process in a tough lending market.