Did you know that 40% of Americans still have an interest rate above 6%? With rates falling below 4%, it becomes obvious that there is a genuine opportunity for consumers to save money by refinancing their mortgage.

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Mortgage Refinancing with No Income Documentation

HARP Mortgage Lenders

Mortgage Loan Refinancing

Mortgage Loan Experts connect homeowners with many refinance options that include fixed, adjustable and interest only mortgages with terms ranging from 15 to 30 years. New home buyers can choose from conventional, VA or FHA loans. Our loan officers are authorized to provide low cost home loans for people with A through D credit. Home mortgage rates have been bouncing up and down the graph. Fortunately since the US government took over Fannie Mae and Freddie Mac, the interest rates have dropped. Borrowers who have been waiting for mortgage loan rates to dip below the six percent mark, the time is right for refinancing.

30-Year Fixed Mortgage Loan
We recommend the thirty year fixed mortgage loan for 1st time home buyers because the interest rate is fixed and the amortization schedule is set up to maximize the affordability of the monthly payment.

VA Mortgage Loans
Veterans are truly blessed with purchase money loans that require zero down-payment. 100% home loans have disappeared for civilians seeking home financing unless you are married or widowed to a qualified veteran.

Government Mortgage Update: After successfully launching the HARP 2.0, the Obama Administration believed that the Government sponsored enterprises, Fannie and Freddie would cooperate with his write-down plan for underwater mortgages. NBC reported that Fannie Mae and Freddie Mac gone against the White House and more than 100 members of Congress for the 2nd time by formally rejecting a plan to use bank bailout funds to write down principal balances for homeowners who are strapped with a mortgage balance that is greater than their properties value. Edward DeMarco, head of the Federal Housing Finance Agency said that offering relief to homeowners with bad credit mortgages might encourage more borrowers to default. The agency's latest analysis defended this assertion that the White House plan would not stop enough foreclosures to be a cost-effective use of taxpayer funds. Read the original NBC News article.