There's one group of Americans already benefiting from the Fed's coming rate cut decision: current homeowners. Americans are jumping on the opportunity to refinance their home loans, with refinance applications rising 58% in the last week, according to data from the Mortgage Bankers Association. Refinance applications were up 70% compared to levels during the same week last year.Demand was even stronger for those seeking adjustable-rate mortgages, where borrowing costs fluctuate and are tied to short-term ...