If you have a debt or mortage you should take a look at Mortage Shrinker. But you should always compare mortgage rates to find the best mortgage to meet your needs before refinancing. Comparison helps you identify the best lender. Compare Mortage rates by contacting at least two different mortgage lenders.By bringing together your mortgage, current account, savings, loans and credit cards,it's going to be easier for you make your money work harder and reduce the amount of interest you pay on your borrowing. It's very simple, but the effect it can have on your finances can be quite amazing.It will take some research and comparison in order to find both the best lender and the best in first time home buyer loans. Also, Calculate whether a fixed rate mortgage or an adjustable rate mortgage will benefit you in the short and long-term.Lookout for your own best interests and don't feel pressured to stay with the lender of your original mortgage if their terms aren't in your best interest. Ask the right questions, compare mortgage rates between lenders and negotiate the best refinancing deal you can.