[gofastr1]

current lender to lower my rate on my existing mortgage? I've been a great mortgage customer for my lender: always on time and making prepayments. I'm tired of hearing about the unfortunate people who took out too big a loan (with too risky a mortgage product) who are now behind, facing foreclosure, and getting all the breaks. Meanwhile, my income isn't going up as fast as inflation, and my taxes are undoubtedly going to rise to pay for the bailouts. I want to reduce my rate and save some $.My current rate (on which I contracted with the lender...) is fixed. Insofar as this being a contract, I understand that, just as I understand adjustable rates being a contract, for which so much considerations are now being given to people who can't afford what they contracted. I am looking for suggestions on how to convince my existing lender to work with me on decreasing my cost and keeping a customer, rather than I finding a new lender.