By Gregorio Denny

Interest rates are now teetering on the lowest in history. If you currently have an interest rate in the mid 5% range, or possibly even lower; you could significantly save on your mortgage by refinancing. If you are in an adjustable rate mortgage and you have been looking for an opportunity to get out, this is the time. Currently on a $400,000 loan amount, you could get a conforming, 30 year fixed rate mortgage at 4.625% / 4.635% APR. This means all fees are covered and you only pay for an appraisal up front that is credited back to you at closing. No one knows for sure how long these rates will stay this low, so it's in your best interest to lock a rate now while you can. I've heard that people that want to hold out for lower, but the simple, basic principles of math tell us that there is a lot more room for rates to go up than there is for them to go down. Don't miss out on an opportunity; lock a rate today. WeFixRates.Com