December 3, 2022
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Refinancing boom hits Central Coast

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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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