Refinancing

I own a house and have do so for around 5 years now. I have refinanced the house and both times I got screwed, first time the monthly payment was too high and now is a progressive tax rate and has been increasing. At the moment the interests of the house is around 11% and [...]

I am planning to buy my first home and applying for a home loan and one of the lender said this to me
" If you take your mortgage with us and after 4 payments are made, if the rate goes down by a .25% we will refinance you at no cost"
1) Do they really [...]