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Good News in This Economy
According to CNNMoney.com’s article http://moneyfeatures.blogs.money.cnn.com/2009/02/13/how-to-score-a-low-rate-loan/ it is a great time to refinance. With the falling interest rate, you can save thousands on your mortgage.
Caution on Your Refinance
The article goes on to caution the consumer that because everyone is trying to refinance at the lower rate it may take a lot longer to secure the lower rate because it is taking longer to close deals. However, Amerisave offers $1000 to the consumer if the loan does not close when promise. In addition, Amerisave offer the lowest rate and fees guarantee or Amerisave will pay you $500.
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They want to prevent others from finding a fresh source of government mortgage refinance is that it supplies more mortgage refinance program. It means that you will have to be very diligent in making sure that you keep in touch with your mortgage company and keep calling.
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