July 2, 2024
You are here:  Home  >  Banking & Finance  >  Current Article

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…


    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.