Homeowners refinance, put savings in piggy banks
Thursday, May 21st, 2009When mortgage rates dropped to the lowest levels in almost a year, Warren Zeger seized the opportunity to slash $720 off his monthly mortgage payment by refinancing his home in Potomac, Md.
Just don’t expect him to spend the savings.
“I’d love to tell you I’m going to spend it to help prop up the economy, but [...]
