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The Federal Reserve has substantially lowered interest rates. This is great news if you have been contemplating refinancing your home. What this means is that the funds borrowed by loan companies have reduced interest rates. Lenders are then able to pass this savings on to you, the consumer, wanting to refinance.
Refinance rates have dropped to historic lows. These rates are not likely to drop much farther, which means that if you have been waiting to refinance your home, now might be the time to act.
If you have an adjustable rate mortgage, you may want to consider refinancing with a fixed rate home loan now while the rates are so low. By refinancing at a fixed rate you’ll be able to avoid the inevitable interest rate hikes down the road, and lock in lower affordable mortgage payments. See your home refinance options now!
If you have sufficient equity in your home and you have significant credit card or other personal debt at high rates of interest, you should consider refinancing your mortgage. By combining your high interest unsecured debt and mortgage into a new loan, you’ll pay less interest on your unsecured debt as well as your newly refinanced mortgage. See available Home Loan options now.
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These low interest rates will not be around forever. In fact, a lot of industry experts believe that interest rates will start rising over the next 12 months. There might never be a better time to refinance your home. Refinancing your home today could be the best financial choice you could ever make.
Get your fast, free, no obligation quote from , http://LoanWebs.com today!