The current mortgage rate is not the same thing as the Fed rate. Other names for the Fed rate are short term rates, prime, Fed funds rate. This interest rate is the one tied to your car loans, credit cards, and home equity lines of credit.

Mortgages tend to be a major investment. Discounted mortgages might be a good way to save some money.

Always, and I mean always make your mortgage payment on time. And by paying it on time I mean never being over 30 days late.

Learn how to save thousands using a new strategy that simply applies common banking resources available to everyone to reduce your mortgage by 1/2 to 1/2 without refinancing or converting to a biweekly or taking more money out of your every day budget. You Can't Win! At least by doing it the conventional way!