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Santa Paula: Council Approves $47 Million Bond Sale

Santa Paula: Council Approves $47 Million Bond Sale

By Sheryl Hamlin Suppose you own a home financed by a 30-year mortgage. Subsequent to the origination of the mortgage, interest rates drop significantly. Assuming you are still a creditworthy buyer, there are several options to take advantage of this drop in interest rates: 1) refinance the balance of the principal, reducing payments and saving […]