http://www.mortgagemines.com/mortgage/home-mortgage-rates.html Home mortgage rates are lower than ever. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Find the best Home Mortgage Rates in the mines! There's no telling what kind of savings you can unearth when you go rummaging through the catacombs of the Mortgage Mines in your quest for great home mortgage rates. Your journey towards home ownership begins today, and only through the mines will you find the treasure you are looking for. Buried deep within our resource-rich site is all the mortgage information you need. Discover the hidden jewel that can be your gateway to a lifetime of savings. In your excavation of the mines, you will find that a mortgage is not cut and dried. At least we don't think it is. If you find this process ridiculously easy, then you should probably start your own mortgage business somewhere What do you need to know about obtaining great home mortgage rates? Know the difference between 15- and 30-year home loans. Yes, we know that one of them is 15 years longer in duration. Brilliant deduction, Holmes. The biggest distinction is that the shorter loan requires larger monthly payments, but at less interest. Depending on how much cash you have, a 15-year loan could be a real diamond in the rough for you and the home mortgage rates on 15-year loans are much lower in the long term. Know the difference between fixed- and adjustable home mortgage rates. With fixed home mortgage rates, you are locked in to the interest rate you receive from your lender as long as the loan exists. You can refinance at any time - trade in your mortgage for a new one with lower rates, essentially - but charges will apply. Adjustable home mortgage rates fluctuate with national and local interest rates. If you find a crystal ball in the mines, this may be the option for you. But otherwise, be careful. These are just two basic mortgage points. For more information, feel free to scavenge the mines at your leisure and find out more about getting the best deal on home mortgage rates. Sat, 26 Jul 2008 15:00:00 EDT