728 reactions · 254 shares | Here’s how you can lower your mortgage payment without refinancing! #mortgagetips #refinancing | Julie Johnson | Facebook

Great news for homeowners! Mortgage rates have fallen from high levels, offering the first chance in years to refinance. If you bought with a 7% rate, check your options. The best deals are for a 15-year mortgage, with rates likely between 5.4% and 5.7% for those with good credit.It’s the first time in a long time we’ve seen rates starting with a five. | Clark Howard