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Rate Reduction When mortgage interest rates drop they open up an opportunity for home owners to reduce their current mortage rate by applying to Citywide Mortgage Corporation. Complete the application and you will be contacted by a professional loan consultant who will guide you through the process. Take advantage and refinance your home mortgage. Refinancing replaces your existing loan with another lower interest rate loan for the same amount. This can save you money when market interest rates drop a percentage point lower than your present rate. Refinancing can be used to reduce your interest rate, change the term of your loan, or to consolidate your debts. |