{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='As interest rates drop, homeowners across the country look at refinancing their mortgages. While brokers and banks have seen a drop in overall loans, applications to refinance are on the rise' data-url='/boclips/videos/5c54be96d8eafeecae13cc4c' data-video-url='/boclips/videos/5c54be96d8eafeecae13cc4c' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nAs interest rates drop, homeowners across the country look at refinancing their mortgages. While brokers and banks have seen a drop in overall loans, applications to refinance are on the rise\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eHEADLINE: In midst of mortgage crunch, a rush to refinanceCAPTION: As interest rates drop, homeowners across the country look at refinancing their mortgages. While brokers and banks have seen a drop in overall loans, applications to...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eHEADLINE: In midst of mortgage crunch, a rush to refinance\u003cbr/\u003eCAPTION: As interest rates drop, homeowners across the country look at refinancing their mortgages. While brokers and banks have seen a drop in overall loans, applications to refinance are on the rise. (Jan. 25)\u003cbr/\u003e[Notes:ANCHOR VOICE]  \u003cbr/\u003e(vo)\u003cbr/\u003eAllen kingsley/MORTGAGE BROKER\u003cbr/\u003eright now is an ideal time to refinance. Rates are as low as they've been in the last four years….\u003cbr/\u003eAccording to Bankrate.com, 30-year fixed-rate mortgages now have an average interest rate of 5.57%, down from 5.75% last week and 6.32% a year ago. That's also near the historic low of 5.21% set in June 2003.\u003cbr/\u003eIf it is right for you\u0026lt; It can give you your breath back…\u003cbr/\u003ewe had multiple unexpected financial setbacks and we were looking to free up some money for our monthly budget…\u003cbr/\u003eRefinancing is going to help us achieve the goal we're trying to get to to be able to send some money in a different direction…\u003cbr/\u003eI think anybody who doesn't look at this seriously and exercise their options is nuts, you can't sit down and drown while money is sitting there.. \u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv 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