What is the best home refinance rates nowadays?
According to the Federal Home Loan Mortgage Corporation (FHLMC), this year’s average rate for a 30-year mortgage is about 4.5%, while it was about 5.2% last year.

According to the Federal Home Loan Mortgage Corporation (FHLMC), this year’s average rate for a 30-year mortgage is about 4.5%, while it was about 5.2% last year.
an will i qualify
i bought my home on november of 08 in california.
or are they only helping people that have trouble paying their mortgage.
They are refinancing all people. But as rule of thumb, don't refinance unless rate is 5% or less. Many places are offering that rate and lower. Major problem for most people is property being worth amount of new mortgage. My credit union is offering
The source for today's refinancing information. homerefinanceratestoday.com

Some homeowners are getting stuck with relatively high interest rates even after they participate in the government's program to help them refinance their mortgages. The biggest banks are not lowering rates as much as they could be — and homeowners have few options to go elsewhere.
Analysts say that the big banks are set to make major profits off of the Home Affordable Refinancing Program, also known as HARP , which allows homeowners with loans backed by government-owned Fannie Mae and Freddie Mac to refinance if they owe more than their home is worth.
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Education planning, taxes, trusts, and techniques Refinancing the Home Refinancing the taxpayer's home may be a means of funding education goals. This is especially true when mortgage rates are lower than the rate on the taxpayer's current mortgage. In this situation, the taxpayer will ... |
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