Real: Underwater mortgage refinance tough to find
The summer has seen the lowest mortgage rates in generations. But there’s a problem for homeowners who want to grab those great rates through a refinance.
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Underwater mortgage refinance tough to find
The summer has seen the lowest mortgage rates in generations. But there’s a problem for homeowners who want to grab those great rates through a refinance. Roughly one-quarter of homeowners with a mortgage are underwater, owing more than their homes are worth, according to real estate analytics company CoreLogic. Many such borrowers have adjustable-rate mortgages and want to refi before their ...
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Federal Officials: No Plans for Expanding Refinance Programs
Obama administration officials knocked down rumors on Thursday about any plan for new programs--dubbed an "August Surprise" --to streamline refinancing or cut mortgage balances for homeowners in a bid to stimulate the economy without asking Congress for money ahead of the midterm elections.
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Federal Officials: No Plans for Expanding Refinance Programs - Wall Street Journal (blog)
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Refinance Loan Rates Can Save Thousands over Your Current Mortgage - Mortgage11
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