As a mortgage loan borrower, have the same rights as the biggest US corporations. Reduce debt when interest rates are up. Find out how much. A Countercyclical Mortgage is the same as your standard 30 year fixed mortgage. However, it additionally allows you to refinance with a lower principal amount when interest rates are higher. Protects you, whether rates are up or down. If you love it, it would be offered through your trusted community bank.