Time to refinance your mortgage? Here are 4 ways to land the very lowest interest rate

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When mortgage rates are low, you can cut your monthly house payment by refinancing into a better interest rate.

If you can shave at least one-half of 1 percentage point off your current mortgage rate, it can be worth your while to trade in your existing home loan for a new one.

Here are some tips for getting the very best refinance rate.