Homeowners with an existing rural development loan, can still refinance their mortgages at a lower interest rate, according to the U.S. Department of Agriculture Rural Development Nevada.The Rural Refinance Pilot Project started a year ago for borrowers in 19 states hardest hit by the downturn in the housing market-including Nevada. The mortgage refinance program is in effect at least through Feb. 1, 2014.USDA Rural Development Nevada records showed that 1,835 direct and guaranteed loan mortgages were eligible for the program. Since then, 122 mortgages have been refinanced. State Director Sarah Adler is surprised more homeowners have not refinanced."We encourage rural …