Underscoring the depth and breadth of the housing crisis and the risk it poses to financial markets and the economy, federal officials continued working furiously Monday on a dual track to prevent future abusive lending and to soothe current financial turmoil. Low rates in turn lead to bigger savings from your monthly payments. And with a refinance mortgage loan, you can take advantage of this basic financing concept and reduce your monthly repayments while at the same time, increase your monthly savings.