Posted On: July 19, 2012 by Newshound
Category: Commentary Featured Finance Real Estate
Refinance Your Mortgage And Save.
If you are a homeowner who is looking to refinance your mortgage and lock it today’s historically low interest rates, then this is your opportunity to do so and start saving. MortgageRefinanceRates.org is an organization that is ready to help match you with a lender who is willing to help you move quickly through the refinance process.
Mortgage rates have kept going lower and lower over the last few years making this the perfect time to refinance and bring your rates lower. Therefore, if you purchased your home when the interest rates were high, this is your biggest opportunity to reduce it and save money. With interest rates hovering between the mid threes and low fours, you can’t afford to miss this opportunity.
Assuming you took out your home loan when the rate was 6.00%, you could almost halve your rate by refinancing and that will give you a lot of savings on your loan. Refinancing now restructures your mortgage payments and locks you in to a set term with lower interest rates.
If you’ve ever wondered how much you could save on your mortgage, or how low you could get your interest rates to become, get your reverse mortgage information and watch your mortgage fortunes change for the better.