Many people are refinancing the FHA loan they have down to a 5% interest rate through a little know program called the FHA streamlined refinance. You may have an FHA loan that has a rate higher than 5% and if so then you too can refinance through the FHA streamline refinance program down to a 5% interest rat. The process does not require an appraisal from what I am told. The process is very simple. You must already have an FHA loan with a rate higher than 5%. For more information on the FHA streamline refinance, take a look at what the other blogs are saying about the refinance program with FHA. 5% is a nice rate I am told by Larry Linkler the FHA genious.
FHA streamine refinance