Are you looking to refinance your mortgage loan, or just curious to see if you can get a better deal? LendingTree is advertising refinance rates as low as 3.36% APR. After filling out a simple form, LendingTree will request the best refinance rates within its financial network.

Now is a good time to take advantage of current low mortgage rates before they rise. According to the latest Mortgage Finance Forecast by the Mortgage Bankers Association (MBA), mortgage rates are projected to be 15% higher by the end of the year. Let's look at an example to see how this could effect your mortgage payment if you waited to refinance.

A 30-year fixed mortgage with an interest rate of 4.75% would result in a payment of $1,043.29 per month. By the end of the year, that same loan could cost you $1,130.94 per month due to the mortgage rate increase forecast by the MBA. Within 12 months you would have paid an extra $1,051.80 in interest payments, or about the equivalent of an extra mortgage payment. In other words, a slight difference in interest rates can mean big savings over time.

Take the time to shop around for the best refinance rate. A free refinance rate request through LendingTree is a good place to start.