Borrowers refinancing through the Home Affordable Refinance
Program (HARP) got an even bigger break, according to Freddie Mac.
knows exactly what information borrowers should know in order to make an informed decision of whether or not to refinance
their home loan.
WASHINGTON, April 3 /PRNewswire-FirstCall/ -- Fannie Mae announced today that the company's refinancing volume jumped to $77 billion in March, nearly twice the refinancing volume the company experienced during the month of February and the company's largest refinance
month since 2003.
A loan of $465,000 for a refinance
of a multi-family building in Brooklyn, NY.
Individuals looking to free up cash for investment possibilities can benefit, as long as they are prepared to sell the home, or refinance
, before the interest-only period ends.
He also suggested that homeowners who had refinanced mortgages as fixed interest rates have decreased should refinance
again to adjustable rate mortgages.
5 times more likely to receive a subprime refinance
loan than whites, up from 3 times more likely in 2001, said Valerie Coffin, national research director for the Association of Community Organizations, known as ACORN.
Because of the uncertainties companies face in refinancing exempt loans, it's important to build flexibility into the terms of the new loan so the company can avoid having to refinance
the loan in the near future.
President Clinton has actively encouraged homeowners to refinance
their mortgages as part of his overall economic plan to stimulate the economy and to reduce the deficit.
com, the nation's premier source for residential mortgage refinancing, today announced that it has expanded its licensing and is now accepting mortgage applications in Arkansas, New Hampshire and New Mexico, further expanding its national footprint as a leading mortgage refinance
The Federal Housing Finance Agency (FHFA) announced that more than 2 million loans have been refinanced through the Home Affordable Refinance
Program (HARP) since the program's launch.
Fannie Mae launched its Home Affordable Refinance
initiative earlier this month as part of the President's Making Home Affordable plan.