Refinancing boom hits Central Coast

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By Amber Hair / Monday, August 10th, 2020 / Comments Off on Refinancing boom hits Central Coast

With mortgage rates at historic lows, homeowners across the country are refinancing—and despite the struggling economy, those low rates have lured many people to buy homes. Vijay Lala, a Westlake Village-based senior area lending manager for Bank of America, said the bank is seeing mortgages increase as people both buy homes and refinance the ones…

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