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There's nothing more American than a second chance, and you're getting one right now. Interest rates that briefly hit three-decade lows last fall are tumbling anew, giving those who missed out another shot at dream mortgage rates, 0% financing on cars, and single-digit credit cards. Falling...

Author: /time Magazine | Title: Can It Be Refi Time Again? | 8/19/2002 | See Source »

There's nothing more American than a second chance, and you're getting one right now. Interest rates that briefly hit three-decade lows last fall are tumbling anew, giving those who missed out another shot at dream mortgage rates, 0% financing on cars, and single-digit credit cards. Falling...

Author: /time Magazine | Title: Is it Time to Refinance Again? | 8/12/2002 | See Source »

REFINANCE YOUR HOME. The average 30-year fixed-rate mortgage fell to 6.38% last week, reports mortgage tracker HSH Associates. That's down from 6.59% at the lowest point last fall - a level gone in a blink. This time rates look as if they will stay put for a few...

Author: /time Magazine | Title: Is it Time to Refinance Again? | 8/12/2002 | See Source »

The smartest plays are "adult toys," says Ron Muhlenkamp, manager of the $750 million Muhlenkamp Fund. He owns stock of the recreational vehicle manufacturer Winnebago, which is a play on the second-home trend. For the same reason, he also holds shares of homebuilders Toll Bros., Meritage, Centex, NVR and...

Author: /time Magazine | Title: How to Surf the Age Wave | 8/12/2002 | See Source »

Leamer will be right, eventually. Experts have been expecting interest rates to rise for nearly a year. Instead, after drifting up last fall, rates have settled to where homeowners who missed their chance to refinance a year ago may find even better terms today. That was the case with Scott...

Author: /time Magazine | Title: What Bubble? | 8/5/2002 | See Source »

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