Refinance Mortgage Loans by Residential Wholesale Mortgage, Inc

We specialize not only in finding you the best refinancing rates but also in helping you select the best refinancing to achieve your overall financial goals.

When Should I Refinance? We Can Tell You When the Time is Right.
If you already own a home, you have a powerful financial option available to you — the ability to refinance your mortgage. You can refinance to a lower rate to save thousands of dollars over the life of your loan. Plus, refinancing gives you the ability to tap into your home's equity to pay for long-awaited home improvement, new car, college tuition or other important needs.

	Fixed and adjustable rate mortgage program options
	Cash out mortgage refinance
	Stated income and low documentation programs

Lower Your Monthly Mortgage Payments and Get Cash Out
Let us help you find a home loan with lower rates and more favorable terms. As expert mortgage advisors, we can assist with refinancing to consolidate existing 1st and 2nd mortgages into one low rate loan. You may also be able to lower your monthly payments, and get cash out too.

Consolidate High Interest Debt to Reduce Monthly Payments and Save!
Many of our customers use refinancing to consolidate higher cost loan or credit card debts to gain more affordable payments to fit their current budget. With lower interest rates and possible tax advantages the savings for you can be significant.*

To request a free, personalized refinance rate quote or to receive a FREE, no-obligation confidential consultation on refinancing options, call 800.865.6266.

*Ask your tax professional to learn how this may impact your individual tax situation.

European Concerns Increase

Increased concerns about Europe helped mortgage rates improve this week, although the impact of the recently passed extension to the payroll tax reduction is beginning to push up mortgage rates for certain loans (discussed below).

The news from Europe was mostly negative this week. Economic growth in Germany was slower than expected. Negotiations on restructuring Greek debt did not progress as planned, increasing the risk of default. S&P is downgrading the debt of several European countries, including France. Finally, the European Central Bank (ECB) provided no relief, as it gave no indication that it would increase the level of aid available to troubled countries. As a result, investors shifted funds to relatively safer investments, including US mortgage-backed securities (MBS), which helped mortgage rates move lower.

The recently passed extension to the temporary payroll tax reduction contained a lightly publicized revenue raising provision to increase the guarantee fees charged on Fannie Mae and Freddie Mac loans. This fee results in higher rates for borrowers, and mortgage rates for loans not expected to close within the next month or so have begun to reflect this coming increase in guarantee fees.


	800.865.6266

Call 800.865.6266 for current interest rates. Each rate quote we provide is custom & we offer the most competitive products and programs available in the market place when considering your specific situation.

Rates are subject to change.