American homeowners could have recently had $5.4 billion more in their pockets. However, they don’t because they failed to refinance their mortgages when they should have, according to a new study published in the Journal of Financial Economics.
American homeowners could have recently had $5.4 billion more in their pockets. However, they don’t because they failed to refinance their mortgages when they should have, according to a new study published in the Journal of Financial Economics.