Blue Loan Services Can Help Homeowners Refinance At Historically Low Interest Rates -- SAN DIEGO, April 27, 2013 /PRNewswire-iReach/ -- SAN DIEGO, April 27, 2013 /PRNewswire-iReach/ -- Mortgage interest rates reached a record low last November at just 3.31% for 30 year fixed rate mortgages. Many homeowners who missed the golden opportunity to refinance at that rate have been waiting for rates to dip again before they refinance their homes. However, many experts think that this would not be a wise decision. While rates are still quite low, this could change over time and interest rates are expected to increase as the economy grows. Photo: http://photos.prnewswire.com/prnh/20130427/CG02439 Frank Nothaft , the chief economist at mortgage giant Freddie Mac, says, "I do think the all-time low is behind us." However, he also adds that, "There's no point to dilly-dally" to wait for lower rates if someone is considering refinancing their home. Northaft expects that rates will average around 3.5% in 2013 gradually moving higher to 3.75% by the end of the year and rise to around 4% sometime in the next year. This means that for those who want to lock in lower rates, there really is no time like the present. Blue Loan Services' team of mortgage professionals can help homeowners to take advantage of the currently low interest rates by helping them to find the best refinance rates and giving them all the information that they need to make well informed decisions that will help them to save time and money. As one of the Top 50 Lenders in California, according to Lender 411, the company can help clients to gain from the current situation in the mortgage industry and realize all of the benefits that can be obtained by refinancing. As the team at Blue Loan Services makes a point of, refinancing might not only lower the mortgage rate - "Refinancing your home loan enables you to replace your existing home loan with a new home loan with better terms while giving you the opportunity to get cash back from the equity you have built in your home." This equity can be used to help improve the homeowner's overall financial situation by giving them a powerful tool that can help them pay off high interest loans and debts such as credit card debt. Refinancing may also benefit the homeowner by decreasing or increasing payoff time (depending on what type of loan the homeowner wishes to change to) lowering rates, consolidating debt, helping pay off credit cards and having extra funds for things such as home improvement, college tuition or medical expenses. The team at Blue Loan Services can help individuals to gain all these benefits as well as to take advantage of the low mortgage interest rates before they rise again later in the year. Those interested in refinancing can visit Blue Loan Services for a free mortgage rate quote by clicking here or calling 1-888-929-BLUE (2583). Media Contact: Brandon Blue Blue Loan Services, 1-888-929-BLUE (2583), blueloaninfo@gmail.com RELATED LINKS http://bluehomeloans.com