Is it okay to apply with more than one mortgage lender at the same time? Mortgage rates today, April 8, 2019, plus lock recommendations Guide To Buying A Home: Young families long island homes made up 6 of the Top 10!) – so we have plucked out the top 10 long island neighborhoods for Young Families and have broken each one down for you. We’re pretty enthusiastic about all of Long Island, but in a place this big having a place to start is always helpful. 1. stony Brook · Rate & Term Refinancing – If you want to lower your current interest rate and/or change the term length of your mortgage, then this option might work for you. Your home value must be greater than the amount owed on the mortgage. Appraisal fees and closing costs may be required. Use our Refinance Calculator to see if refinancing will be.