People Are Hoping To Avoid Foreclosure Through Loan Modification This post series started a few days ago with a look at the “Making Home Affordable” program that the Obama administration passed earlier this year. In that post I gave an overview of the program, what it is designed to do, and who will qualify for […]
Making Home Affordable Refinance Program Frequently Asked Questions – FAQ
Lots Of People Looking To Refinance A couple of days ago I did a pretty long post talking about the new “Making Home Affordable” program that the Obama administration passed earlier this year. In that post I gave a 10,000 foot view of the plan, what it is designed to do, and who will qualify […]
Government Making Home Affordable Refinance And Loan Modification Program: Do I Qualify?
The last few days I’ve been hearing an awful lot about the Government’s new “Making Home Affordable” program, which has been set up to help people refinance existing mortgages, or do a loan modification to help them to stay in their house. The government’s website explains what the program is meant to do: Making Home […]
Rates Are Low. Is It Time To Refinance? Our Refinance Story
My wife and I have been shopping around lately trying to find a good deal on a lower rate for our home mortgage. We’re currently sitting at around 6.5% with our 30 year fixed rate mortgage. We bought our house right before the real estate bubble burst, so the market was at its highest. Our […]
How To Tell Whether Now Is The Time To Refinance
We’ve been looking at refinancing our mortgage lately. While in that process I came across an article on MSNBC.com talking about who should consider looking at refinancing right now. They looked at a variety of factors, but said that you should consider refinancing if: You have a fixed or adjustable mortgage with an interest rate […]
Time To Refinance?
An article in the Washington Post this past weekend talks about how the number of people refinancing their mortgages right now are high since the interest rates are at their lowest for quite some time. Lower Rates, Coming Resets: An Opening For Refinancing: “Is it a refi renaissance? Or a fast-closing window of opportunity? Nobody […]