Home Mortgage Refinance Loan Rates – 30 Year Fixed Rates Hit August 2010 Lows at 4.25% Today

Posted on | August 30, 2010 | No Comments

Home mortgage refinance loan rates have recently hit an all-time low as 30 year fixed rates in August of 2010 are down to 4.25%. Almost all American homeowners stand to benefit from refinancing and the current interest-rate environment. The general rule of thumb is that homeowners must save at least one full percentage point to fully benefit from the home mortgage refinance process today.


Over the last several months many Americans have had the opportunity to refinance to a lower overall rate and they are saving upwards of hundreds of dollars a month on a mortgage payment. There many mortgage calculators available online to help homeowners better understand just how much money can be saved by going to the refinance process in 2010.

Before making any final decisions is always wise to do a significant amount of research. With the advancements in technology it is now much easier than it has ever been to do mortgage and personal finance research online. By simply doing a few searches customers will find that there are many options when it comes to locking into a low mortgage refinance rate today.

Author: Mike Garner

Comments