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Get Low Refinance Rates From Just 2.12%.

How to Get the Best Mortgage Refi Rates

If you are considering a mortgage refi, you are no doubt looking for the lowest mortgage interest rate for which you qualify. Obtaining the lowest interest rate requires diligence, patience and a good understanding of the mortgage refinancing process, but it can be done.

Shop Around and Ask the Right Questions

When you are seeking the best mortgage rates, be sure to obtain information from several lenders to increase your chances of finding the lowest rates for which you qualify. Consider the following steps when looking for the best refi rates:

  • Ask each lender for a list of their current mortgage rates.
  • Ask if the rates being quoted are the lowest for that day or week.
  • Ask if the rate is fixed or adjustable.
  • Ask about down payments and private mortgage insurance. These tend to increase the cost of refinancing.

To get the best refi rates, you have to look at all of the above factors in order to properly assess each mortgage quote.

Understand the Difference between Fixed and Adjustable-Rates

Don’t confuse FRM loans with other mortgage loans that offer a fixed rate for a limited period of time (such as balloon mortgages, negative amortization mortgages, graduated payment mortgages, hybrid ARMs and others). While some mortgage loans may feature a fixed-rate at the beginning of the loan term, the fixed-rate ends according to the predetermined amortization schedule, leaving you with adjustable interest rates. With an adjustable-rate mortgage, your payments will fluctuate according to the current mortgage interest rates—meaning you will have to pay a monthly payment that varies as a result of changes in the housing market.

Learn Mortgage Insider Secrets

If you are seeking the lowest mortgage refi rates, you should know that for every .25% that you unknowingly agree to overpay, your broker gets a kickback equal to 1% of your loan. Don’t fall victim to unnecessary junk fees that can raise the cost of your mortgage by thousands of dollars in the first years alone. Give me one hour of your time; through my free Underground Mortgage videos I will show you how to secure the best mortgage refinance rates by learning the lingo and tricks of a mortgage “insider.” My videos have never failed to deliver the best mortgage refi rates in their entire history.

Register today to learn how to obtain the lowest refi rate.