Welcome to Refinance Rates Gamblers Anonymous

We are here for those that scan refinance rates every day, yet will never lock a rate. They hold a grave fear that refinance rates will go down once their rate is locked. Heads spin as refinance rates rise, when low rates were available only yesterday. This is a common disorder that hinders millions in our country.

Together, we will overcome! Those locked in fear, facing their recent refinance rate quote, can and will say “Lock My Refinance Rate!” There will be no bad feelings if refinance rates go down after they have locked. Actually, our ex-refinance gamblers will celebrate in the fact they made a positive financial decision that will create benefits for some time to come.

Well, maybe our new club is a bit much, but the fact is that literally thousands of eligible refinance rate shoppers miss out on refinance programs that can bring them a substantial immediate and long-term benefit, especially with debt consolidation refinance home loans. They gamble that refinance rates will go down further, and most end up wishing they had locked the solid rate when it was available to them

If you are a refinance rate gambler, don’t feel bad, as you have plenty of company. Most rate shoppers wait for a better deal, rather than lock immediately, even when the benefits are quite substantial.

Refinance rates are currently near historic low levels, so for refinance rate shoppers, there is not much room for rates to go down further. Could refinance rates drop further? Yes, but current economic factors do not paint a rosy picture for further significant drops.

Once you learn about refinance rates, you just might lose your fear of locking and enjoy the financial benefit of your next refinance home loan.