Home Refinancing

Home Refinance Rates starting at 3.75%One of the most popular financing tools for homeowners is the home refinance loan.  Over the last 40 years, people have been using the security of their house for home refinancing transactions.  Borrowers seek mortgage refinancing for the following reasons:

  • Lower Interest Rates
  • Cash Back
  • Home Remodeling
  • Bill Consolidation

According to Roons Hersh, an economic advisor for Nationwide Lenders, “Home refinancing is a fundamental exercise for homeowners to maximize the American dream.”  Hersh continued, “Whether it’s tax deductibility or cash out for consolidating credit cards – people use refinance loans for a myriad of finance purposes.”  Mortgage refinance rates hit historic lows in 2010 and the application volumes for home refinancing continue to soar.

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