Check Out How You Can Reduce Your Monthly Payments

Current mortgage rates are holding low.

If you missed your chance to refinance your home last year, it may not be too late to secure a world-class mortgage rate. Dropping your rate by just 1.0% — from 5.25% to 4.25% — puts ten percent of your mortgage payment back into your pocket each month.

That means for every $1,000 you pay to your lender today, you could reduce your payment by $100. That’s $12,000 saved over the next 10 years — simply by doing a refinance. Additionally, there are still millions of homeowners eligible for a refinance — and you may be one of them.

Still unknown to many, this brilliant government program called the Home Affordable Refinance Plan (HARP) could benefit millions of Americans and reduce their monthly payments by as much as $4,264 each year.

Homeowners have even used HARP to eliminate up to 15 years of mortgage payments! You could bet the banks aren’t too thrilled about losing all that profit and might secretly hope homeowners don’t find out before time runs out.

So while the banks happily wait for this program to end, the government is doing absolutely nothing to extend the program and cut mortgage payments. The program is set to expire in 2018, but the good news though is that once you’re in, you’re in. If lowering your payments, paying off your mortgage faster, and even taking some cash out would help you, it’s vital you act now.

What Are Today’s Mortgage Rates?

Today’s mortgage rates are lower than they’ve been in months. There are refinance opportunities everywhere. Ignore “saving one percent” and your “break-even” — look at your potential savings instead.

Get today’s live mortgage rates now. Your social security number is not required to get started, and all quotes come with access to your live mortgage credit scores.