Mortgage

Bernanke refinances his own mortgage on low interest rates

Federal Reserve chairman Ben Bernanke is one of many U.S. borrowers who took advantage of low interest rates last year.

CNNMoney says Bernanke refinanced his own 30-year mortgage at a rate of 4.25% back in 2011.

Today, the same 30-year mortgage rate is hovering well below 4%.

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