Global Stock Markets: We All Fall Down!Seeking Alpha, NY -43 minutes agoAn announcement by the US Treasury Department regarding the bailing out and recapitalization of collapsing home mortgage giants Fannie Mae (FNM) and Freddie ... Getting a refinance mortgage loan is a smart move for any homebuyer. This is especially true if the interest rates are low. In the world of finance, interest rates directly affect the way mortgage rates behave. So if the interest rates are low, then mortgage rates will also be low.