Credit and Financing
Housing trend – Is it good to refinance your house now?
After the economic stimulus package was delivered by the Federal Reserve, housing market witnessed viagra for sale a new trend of mortgage refinance by the underwater homeowners. This is because rates of 30-year fixed rate mortgage (FRM) were moving at an average of 3.36% that fell from previous rate of 3.4% earlier, as per the [...]
Read More >>FHFA Revamps HARP to Help Struggling Homeowners
After years of low popular interest in restrictive homeowner financing assistance programs, the Federal Housing Finance Agency (FHFA) announced today that it will make the Home Affordable Refinance Program (HARP) available to more distressed homeowners by removing the current 125% loan-to-value cap for fixed-rate mortgages backed by Fannie Mae and Freddie Mac. This means [...]
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