Record-low rates are helping transform the 15-year mortgage from a rarely used instrument into a popular option, especially for homeowners refinancing their loans. In November, 23% of refinance applications were for 15-year loans, according to theMortgage Bankers Association. That’s up 51% from a year earlier.
The 15-year mortgage gains in popularity
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eXp acquires 500-agent independent brokerage in Florida
eXp Realty has acquired Broker’s LLC, a 500-agent independent brokerage based in South Florida and founded by Claudia Serna.