--- title: "Monday Mortgage Memo: February 11, 2013" description: Today's mortgage rates for Bank of Little Rock Mortgage image: https://blog.blrmortgage.com/hs-fs/file-28702721-jpeg/images/blrm_email20banner_green_600x2002.jpeg --- [![Bank Of Little Rock Mortgage](https://blog.blrmortgage.com/hs-fs/hubfs/images/logo-1.png?width=730&height=217&name=logo-1.png "Bank Of Little Rock Mortgage")](http://www.blrmortgage.com/) # The Mortgage Statement # Monday Mortgage Memo: February 11, 2013 Posted by [Scott McElmurry](https://blog.blrmortgage.com/blog/author/scott-mcelmurry) on Mon, Feb 11, 2013 @ 05:23 PM - [Tweet](https://twitter.com/share) ![Arkansas Mortgage Rates](https://blog.blrmortgage.com/hs-fs/file-28702721-jpeg/images/blrm_email20banner_green_600x2002.jpeg?width=514&height=212&name=blrm_email20banner_green_600x2002.jpeg) ![Arkansas Mortgage Rates](https://blog.blrmortgage.com/hs-fs/file-18409594-png/images/screen_shot_2012-12-31_at_9.21.31_am.png) Our rates remain at the same levels they were at last week. They are expected to stay near these low levels for the first half of the year and will most likely start increasing in the second half of the year.   Are you currently stuck in a 30-year rate you desperately want to get out of? By refinancing to a shorter payment term, you not only pay off the mortgage sooner, but save money on interest. Read this [article from Fox Business](http://www.foxbusiness.com/personal-finance/2013/02/06/who-should-refinance-into-shorter-term-mortgage/) to find out if you are ready to refinance out of a 20-year or more payment term to a 15-year term.  Bank of Little Rock Mortgage is also rolling out a new blog to provide our experience and expertise on mortgage finance, written in plain English for you to follow easily. We call it [The Mortgage Statement](https://blog.blrmortgage.com/blog).   Are you interested in seeing if you prequalify for a home loan? We have a quick-and-easy way for you to [get prequalified for a mortgage online.](http://www.blrmortgage.com/get-preapproved-for-a-home-loan/) If you have any questions, comments or concerns, we would love to hear from you. Just [contact us](http://www.blrmortgage.com/contact-us/) and let us know what you need.  Happy Monday,  Scott McElmurry ![](https://blog.blrmortgage.com/hs-fs/Screen_shot_2012-08-03_at_9.42.21_AM.png) President & CEO of Bank of Little Rock Mortgage NOTE: Your mortgage rate can be affected by a number of factors, including your credit score, loan-to-value ratio, your down payment and the loan program you choose. No matter what, we'll always find you the best mortgage loan at the best rate, guaranteed. For more information, visit our [Today's Rates](http://www.blrmortgage.com/what-are-todays-mortgage-rates/) page.   Tags: [Current mortgage rates](https://blog.blrmortgage.com/blog/topic/current-mortgage-rates), [choose a mortgage](https://blog.blrmortgage.com/blog/topic/choose-a-mortgage) ### Subscribe Email ### Latest Posts ### Posts by category - [choose a mortgage (10)](https://blog.blrmortgage.com/blog/topic/choose-a-mortgage) - [Closing (1)](https://blog.blrmortgage.com/blog/topic/closing) - [credit score (1)](https://blog.blrmortgage.com/blog/topic/credit-score) - [Current mortgage rates (6)](https://blog.blrmortgage.com/blog/topic/current-mortgage-rates) - [first-time home buyer (5)](https://blog.blrmortgage.com/blog/topic/first-time-home-buyer) - [first-time home buying (6)](https://blog.blrmortgage.com/blog/topic/first-time-home-buying) - [Get pre-qualified online (1)](https://blog.blrmortgage.com/blog/topic/get-pre-qualified-online) - [Get preapproved online (2)](https://blog.blrmortgage.com/blog/topic/get-preapproved-online) - [Get prequalified online (3)](https://blog.blrmortgage.com/blog/topic/get-prequalified-online) - [how do I calculate my credit score (1)](https://blog.blrmortgage.com/blog/topic/how-do-i-calculate-my-credit-score) - [How do I refinance (6)](https://blog.blrmortgage.com/blog/topic/how-do-i-refinance) - [How to buy a home (7)](https://blog.blrmortgage.com/blog/topic/how-to-buy-a-home) - [mortgage insurance (2)](https://blog.blrmortgage.com/blog/topic/mortgage-insurance) - [Mortgage payment (5)](https://blog.blrmortgage.com/blog/topic/mortgage-payment) - [mortgage rates (6)](https://blog.blrmortgage.com/blog/topic/mortgage-rates) - [preapproval (1)](https://blog.blrmortgage.com/blog/topic/preapproval) - [prequalification (1)](https://blog.blrmortgage.com/blog/topic/prequalification) - [refinance your home (1)](https://blog.blrmortgage.com/blog/topic/refinance-your-home) - [Rent vs. Buy (1)](https://blog.blrmortgage.com/blog/topic/rent-vs-buy) - [what is a credit score (1)](https://blog.blrmortgage.com/blog/topic/what-is-a-credit-score) - [what is exactly is a mortgage refinance (1)](https://blog.blrmortgage.com/blog/topic/what-is-exactly-is-a-mortgage-refinance) - [what is involved in buying a home (2)](https://blog.blrmortgage.com/blog/topic/what-is-involved-in-buying-a-home) ### Follow Me © 2015 [Privacy/Legal](https://blrmortgage.hs-sites.com/blog) [Site Map](https://blrmortgage.hs-sites.com/blog)