When facing financial uncertainties, many people fail to settle their mortgage payments first in comparison to all the other payments, for the simple reason of it being the biggest contributor in terms of financial burden to the homeowner. When this happens, you could end up facing up to a bigger problem, home foreclosure! If you are in this predicament, the first thing that you should do is try to stop home foreclosure before things get out of hand. And the best way to tackle this problem of foreclosure is by opting for the most effective option out there, mortgage refinancing. Mortgage refinancing would not only make your short term financial burden lesser, it would also help you get better terms and conditions for the mortgage loan for your home, leaving you free to stay in your home without worrying about payments anymore.However, it is extremely important that one finds the best home mortgage loan deal out there before agreeing to refinance with the creditors. And the best deal does not only mean low interest rates, but the best overall options when we speak of these mortgage deals. If you are serious about refinancing your home, you should first of all do some basic online research on this topic, and this can be accomplished by visiting useful sites such as bankrate.com, mortgageloan.com and interest.com that would definitely be helpful.Not only would they give you all the relevant information regarding home refinancing, these sites are also able to provide the latest in interest rates and terms to help you make your decision better. It is always useful to make more than one option, as you would find out when you receive quotes from different lenders that would compete for your signature by offering competitive deals.Do not only take into account the lowest interest rates, also consider terms such as the lenders’ prepayment penalties, late payment penalties, adjustable interest rate options as well as balloon payments. All these taken into account, make your choice based on the lender that offers the best, most competitive overall package that would benefit you both in the long and short run! Make sure that you scout around for a number of options before you decide, and always ensure that you inquire about the terms and conditions that are offered by each lender. This is to avoid the situation of you ending up paying for amounts that you were not aware about.And one thing that you have to do is read the fine prints! This is extremely important as once you sigh the agreement, you are legally bound to honor the document, and there is no turning back! And in these uncertain times, it is best that you choose deals that are based on fixed interest rates, rather than adjustable rates.