The sub-prime mortgage meltdown which has caused unprecedented up evil in the financial sector has resulted in two interest rate reduction by the Federal Reserve so far with possibly more to follow in early 2008. This will likely result in mortgage rate reductions despite the uncertainty in the market. If you have a fair to good credit score this may present and opportunity to get a better rate on your current mortgage. It would be wise to check mortgage rates from time to time for the best rates.
Check the current rate here Best Mortgage Rate Quote
Best Mortgage Rate Quote
Posted by Noel Heinz
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