Left Behind Refinancers Receiving Another Chance Reports Rate State


Seattle, Washington (PRWEB) July 09, 2013

Second chances, Rate State says, may be had by those who have been sidelined by recent mortgage rate rises. Rate State backs up their refinance now message with a recent article published on the 3rd of July by the Los Angeles Times (http://www.latimes.com). The article points out a recent rate dip, just after a large increase in average mortgage interest rates.

The L.A. Times article gives the numbers on recent rate changes: Fixed mortgage rates fell early this week following last week’s dramatic surge, with lenders offering 30-year home loans to solid borrowers at an average of 4.29%, according to Freddie Mac. The average rate had spiked to 4.46% a week earlier on fears that the Federal Reserve would soon cut back on a major bond-buying program designed to keep interest rates low.

This, Rate State contends, should be a clear signal to anyone who is able to refinance; those who can refinance should do so as soon as possible. Many who continue to put off their refinance will be left behind by the eventual rise in rates as the Federal Reserve eases out of their massive economic support program. To help with refinancing, Rate State mentions their continuing loan search tool hosting. Designed to help people find low rates for their refinance, this tool is available for anyone, without obligation or charge.

http://www.ratestate.com/about/

Rate State helps consumers compare todays mortgage rates through their online comparison tool to ensure they are getting the best rate for their home mortgage or refinance before making their next purchase. They provide consumers with access to the information they need in order to make a decision potentially saving thousands of dollars over the term of their next home loan.







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