Student Loan Refinancing Rates Fall to New Lows

Student Loan Refinancing Rates Fall to New Lows

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The Federal Reserve’s attempts to protect the economy during the coronavirus pandemic have pushed average rates for qualified borrowers refinancing student loans to new lows this summer. According to an analysis of a sample of more than 17,000 student loan refinancings facilitated by the Credible marketplace, during June: Rates on 10-year fixed-rate loans averaged 4.48%,
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