Mortgage Refinance

During the first quarter of 2009, half of borrowers who refinanced loans lowered their annual mortgage interest rate by at least 20 percent.


The median ration of new-to-old mortgage rate was 0.80, the lowest ration since the third quarter of 2003, according to Freddie Mac, and corresponds to a new interest rate that is about 1.25 percentage points below the old rate.



Kontera ContentLink

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App