Due to the financial crisis, the economy has been in trouble over the last few years. This has led to changes in the Mortgage Refinance rates. In the majority of cases, they have been reduced. This has been due to a number of factors, but most of all due to the reduction in the interest rate. A new report has been released in the last few days which has shown that although the rates have been reduced which in theory should lead to an increase in mortgages, in fact the opposite has happened. This is due to the fact that the banks have tried to make up for their loss in volume profit by increasing the rates that they receive on each individual mortgage. In addition, banks have been less likely to lend money as there is more fear that they will not be paid back as well as increased government regulation on who they are allowed to lend to. A new government finance report is being released in the next few days which will examine the impact that increased interest rates are having on the mortgage refinance rates.