Home Refinance Mortgage Fixed rates draw most U.S. refinancing (Moldova.org) by Refinance Mortgage

Wed, 10 Sep 2008 07:00:24 -0600

Home Refinance Mortgage Fixed rates draw most U.S. refinancing (Moldova.org)

by Refinance Mortgage @ Wed, 10 Sep 2008 07:00:24 -0600

said.Concerns about ...Borrowers are moving from adjustable- to fixed-rate mortgages even though some fixed rates are higher, a major broker said Monday.In the second quarter, 97 percent of prime borrowers with conforming adjustable rate mortgages and 87 percent of those with hybrid adjustable rates moved to fixed rates when they refinanced, the Federal Home Loan Mortgage Corp. Brokers are the ones who help you find lending companies with the best mortgage rates. Brokers have a greater access into the best mortgage rate options posted by lending companies. This means that you get a wider selection of loan products and terms for you to decide which one has the best mortgage rate.


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