Posts Tagged ‘refinancing’
2013 Real Estate Market Predictions
There has been a lot of speculation as to what will happen in the real estate market as we head into a new year. Here is my take on real estate market resolutions for 2013: Home prices will rise, slowly. Based on the current market and the rise in prices in 2012, especially toward the…
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Will Homeowners Really Be Helped by New HARP Changes?
Recently the Obama administration announced changes to the Home Affordable Refinance Program (HARP) that are aimed at helping homeowners refinance mortgages, even when there is no equity in their homes. Their goal is to help the millions of homeowners and prevent more foreclosures, but what is involved and will it really work? Some of the…
Read MoreReal Estate News in a Flash
More Homeowners Refinancing into Shorter-Term Mortgages. A new study recently revealed that many homeowners are refinancing into shorter term loans. The advantage is that the mortgage will be paid off in a short time, which is appealing to those who face retirement in the next 10-15 years. Some rates are as low as 2.99 or…
Read MoreThe Latest Mortgage Modification Assistance News…
Fannie Mae and Freddie Mac are instituting two new programs to help struggling homeowners with their quest to get modifications. Freddie Mac claims to have helped 250,000 homeowners with loan modifications to date, so the time is better than ever to try and work out your mortgage issues. Here are the new available opportunities: 1.…
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