Now is a good time to refinance your home because refinance mortgage rates are lower than they have been in years past. If you would like to refinance your home to lower your interest rate and lower your monthly payments it might be to your advantage to take advantage of the new refinance mortgage rates. [...]
Mortgage rates are rising due to more demand for mortgage products. Even though the Federal Reserve has tried to influence the home mortgage industry by leveraging the discount points charged to lenders, its not a one-to-one relationship. Mortgage rates are more susceptible to supply and demand of the actual mortgage products and competition between lenders, [...]