Best Rates For Refinancing Mortgage In many cases, it’s to pay a lower interest rate on their home loan. If you initially get a mortgage with a rate of 5% and learn you can refinance to a mortgage with a rate of 4%, you might decide it’s worth the cost and trouble of refinancing to nab that lower rate. But getting a lower refinance mortgage rate is not the end goal in itself.Current Average Mortgage Rates Us Current Fha Mortgage Interest Rate Daily Mortgage Rate News Prime Interest Rate Usa The prime interest rate is what U.S.. Banks base most interest rates on prime. That includes. The 2008 financial crisis timetable reveals how events led to the worst economic crisis to hit the United States since the Great Depression.A Snapshot of Mortgage Market Performance – Mortgage rates have been on a downward trend over the past few months, and the average rate for all mortgage types fell to.