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Should you refinance that mortgage? William Galvin wants to help answer that

The 2025 MassDem State Convention in Springfield
Secretary of the Commonwealth William F. Galvin speaks at the 2025 MassDem State Convention held Saturday, September 13, 2025 at the Mass Mutual Center in Springfield. (Dave Roback photo)Dave Roback

WEST SPRINGFIELD – The Federal Reserve cut its benchmark interest rate by a quarter percent last week.

But does that mean it’s worthwhile for homeowners – who might have borrowed when interest rates were higher – to refinance their homes now and take advantage of a lower rate?

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