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Finance

The Home Refinance Plan That Offers Ridiculously Low Rates

When homeowners visit The Easy Loan Site™ official website, they may be surprised to still find extremely low interest rates and to learn of one of the best-kept secrets behind reducing your mortgage payment.

This little known way to pay off your mortgage is called the Home Affordable Refinance Plan (HARP), and taking advantage of it now could benefit millions of American homeowners. By refinancing their homes at lower interest rates, homeowners can easily reduce their payments by as much as $4,905 each year.1

Stop Being Ripped Off By Your Bank

If you owe less than $625,000, your chances of qualifying for this program are high. The government wants banks to cut your rates, which puts more money in your pocket, ultimately boosting the economy. But the banks are not happy about this. Here’s why:

  1. You have the option to shop lenders other than your current mortgage holder
  2. Your home’s Loan-to-value (LTV) may be 80% to 125%

Banks will make more money if they keep middle-class Americans at the higher mortgage rate that they negotiated years ago, but it is the homeowners’ responsibility to check what rates they qualify for today and stop overpaying on their mortgages.  If your current mortgage rate is more than 5%, refinancing can greatly benefit you.  With a refinance, you could:

  • Save as much as $218 per month2
  • Pay off your mortgage faster with a shorter 10 year or 15 year mortgage
  • Take cash out to pay off high interest debts or remodel your home or take a vacation

How do I get these low rates?

The trick to finding the lowest rate is to utilize free websites that will compare available mortgage rates for consumers, allowing them to choose the best one. Our research found that The Easy Loan Site, one of the country’s largest and most respected refinance comparison websites, is one of the few companies with HARP lenders on its network. The good news is that their services are free to homeowners like you.

There’s no obligation to homeowners, and The Easy Loan Site offers easy and fast comparisons. It takes about five minutes, and the service is 100% free. 

See Your Rates

This article is sponsored by The Easy Loan Site

 

1 Our lawyers made us research this very carefully! Here are all the supporting details: President's Video; FHFA Press Release ; Fannie Mae Research: Over $100,000 savings estimate is based on $82 a week over a 30 yr loan from June 2007.
2 Savings estimate assumes refinancing a $200,000 30 year fixed mortgage from 5.95% to 4.16%

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