One of the biggest reasons why people consider refinance is to lower the interest rate on their existing home loan. Here the rule is refinancing is a great option for you if you wish to reduce the interest rate by at least 2%. Mostly the lender considers 1% saving a great initiative to refinance the loan. Remember, you must not make any decisions without researching. It will be better to take professional help to understand things and see if refinancing is in your favor. US Mortgage Corporation is the one you can contact for help. They can offer you the right assistance and refinancing option. With their help, you will get all the required assistance right from your smartphone.