Equity Loans, Home Improvement and Debt Consolidation

Mortgage and Home Loan

The free information on this web site has been compiled to help people find the best loan rates for a home loan. Mortgage and Home Loan is not a broker or lender.

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Mortgage Loan Rates
Find the best loan rates from thousands of lenders and brokers...

Purchase or Refinance Mortgage and Home Loans
Find the best real estate loans. Select from fixed or adjustable interest rates. Jumbo and Super Jumbo also available.

Mortgage Loan Rates for Less than Perfect Credit
Find experienced lenders with the best "subprime" purchase and refinance home loan rates.

Equity& Home Improvement Loans
Fast cash today to CONSOLIDATE BILLS, or get up to 125% of your home's value and make home improvements or REMODEL. Quickly learn how to make your home's equity become fast cash.

FHA Mortgages
Lenders have home loans with low interest rates and low down payments for first time buyers.

VA Mortgages
The best rates available for a government loan. Get financing today for veterans, active, or reserve military.

Find a Mortgage Lender
The best lenders and brokers ready to help you find the perfect home loan.

Real Estate Loan Information
Learn expert advice from industry insiders to negotiate the best loan rates.

Mortgage and Home Loan Calculators
Use these calculators to find out how low your mortgage payments will be.

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Mortgage and Home Loan Rates Comparison

Find the lowest interest rates for Equity, Home Improvement/Remodel and Debt Consolidation Loans.

Mortgage and Home Loan Rate Tips

Would Refinancing Be Worth It?
Refinancing can be worth while, but it does not make good financial sense for everyone. A general rule is that refinancing becomes worth your while if the current interest rate on your mortgage is at least two percentage points higher than the prevailing market rate. this figure is generally accepted as the safe margin when balancing the costs of refinancing a mortgage against the savings.

There are other considerations, too, such as how long you plan to stay in the house. Most sources say that it takes at least three years to realize fully the savings from a lower interest rate, given the costs of the refinancing. (Depending on your loan amount and the particular circumstances, however, you might choose to refinance a loan that is only 1.5 percentage points higher then the current rate. You may even find you could recoup the refinancing costs in a shorter time.)

Refinancing can be a good idea for homeowners who: Want to get out of a high interest rate loan to take advantage of lower rates. This is a good idea only if you intend to stay in the house long enough to make the additional fees worthwhile. Have an adjustable rate mortgage (ARM) and want a fixed-rate loan to have the certainty of knowing exactly what the mortgage payment will be for the life of the loan. Want to convert to an ARM with a lower interest rate or more protective features (such as a better rate and payment caps) than the ARM they currently have. Want to build up equity more quickly by converting to a loan with a shorter term. Want to draw on the equity built up in their house to get cash for a major purchase or for their children's education.

If you decide that a refinancing is not worth the costs, ask your lender whether you may be able to obtain all or some of the new terms you want by agreeing to a modification of your existing loan instead of a refinancing.