And, it rewards the speculators who ...Give incentives to buyersArizona Republic, AZ -33 minutes agoBesides, it penalizes the homeowners who made a conservative decision of getting a fixed-rate at a higher rate. Low mortgage 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.
