Wednesday, April 18, 2007

Mortgage Refinancing Gets Wholesale Rates ...



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Mortgage Refinancing Gets Wholesale Rates

Written by Jeff Williams
Los Angeles, CA -- Mar 28, 2007 -- /prbuzz/ -- Consumers can now have access to home loans from wholesale lenders through http://www.reducedhomerates.com. Previously, consumers had to go through mortgage brokers under many middlemen. This would increase rates for the end consumer.

ReducedHomeRates.com now connects home owners to wholesale lenders for better rates. Home owners submit their refinancing request through http://www.reducedhomerates.com which checks with wholesale lenders on what rates are available. The wholesale lender with the lowest rate is then connected with the home owner to finalize the deal.

The process is very fast with rates as low as 2.9%. ReducedHomeRates.com is now helping home owners during times when mortgage lenders have become strict on new loans, especially in the subprime market.

Jeff Williams
Los Angeles, CA

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