Thursday, April 5, 2012



Freddie Mac

Freddie Mac
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Freddie Mac

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Freddie Mac

Borrowers Will Pay the Price of Payroll Tax Cut San Francisco Chronicle

by Refinance Home Mortgage

King of How To News Borrowers will pay the price of payroll tax cutSan Francisco ChronicleAnd in October, the government announced an expanded program, dubbed Harp 2, that will let deeply underwater homeowners who are current on their payments refinance mortgages owned or guaranteed by Fannie and Freddie at lower rates. ...Correction, Please! [New American, [...]

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HARP 2.0 Refinances Underwater Mortgages Sarasota HeraldTribune

by Refinance Home Mortgage

HARP 2.0 refinances underwater mortgagesSarasota Herald-TribuneThat is if Fannie Mae or Freddie Mac holds your mortgage and you have made your payments on time. What is more, merely confirming that you are employed meets the underwriting requirements for HUD's revised Home Affordable Refinance Program, ...Options for refinancing a high-rate interest-only mortgageDetroit Free PressRefinancing program HARP [...]

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Mortgage Complaint This Agency Wants to Hear It MarketWatch

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Mortgage complaint? This agency wants to hear itMarketWatchQuestion: Under current HARP 2.0 regulations, I qualify to have my underwater mortgage refinanced with my current lender. I called my lender today to initiate refinancing, but I was told they haven't received all the details for the new program. ... and more& » Read the full story: [...]

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It Now Takes More Time to Close a Loan LendingTree Highlights Five Documents ... Sacramento Bee

by Refinance Home Mortgage

It Now Takes More Time to Close a Loan; LendingTree Highlights Five Documents ...Sacramento BeeBecause of record-low rates, lenders have become overwhelmed with borrowers seeking to refinance their mortgage. According to the survey, refinance loans take an average of about 45 days to close while purchase mortgages require slightly less time. ...5 Documents for Loan [...]

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White House Asking Price Slashed to $264 Mln MarketWatch

by Refinance Home Mortgage

White House asking price slashed to $264 mlnMarketWatchI refinanced my mortgage under HARP 1.0 in 2010. At that time, there was a limitation that I could not access HARP a second time. Do you know if this restriction has been removed? I would love to refinance once again to a lower mortgage rate. ... Read [...]

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Revisions to Refinance Program to Help Underwater Homeowners RecordSearchlight

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Sun-Sentinel Revisions to refinance program to help underwater homeownersRecord-SearchlightMost important, the new HARP allows borrowers who are current on their mortgages the ability to refinance into a fixed-rate, 30-year loan no matter how much their home value has dropped below what they owe. With mortgage rates at historic lows, ...BOK Financial Mortgage Group Accepts HARP [...]

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FHA NY www.MortgageRus.info Testimonial

by Refinance Home Mortgage

Here is a great testimonial of client who just closed on an FHA mortgage without perfect credit. It is a great first time home buyer program for Queens NY borrowers. Tags: New, _mortgagerusinfo_, isaac, weiser, great testimonial, Mortgage

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How to Find Out Who Owns Your Mortgage MarketWatch

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Washington Times How to find out who owns your mortgageMarketWatchLenders which sell loans to the two government sponsored enterprises — and most do these days — will be able to offer refinance mortgages at loan-to-value ratios of greater than 125% using the GSE's automated underwriting systems. ...Mortgage Q&A: 2nd HARP aims to fix flaws of [...]

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Refinancing Don't Wait for Interest Rates to 'Bottom Out.' Washington Post

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Refinancing? Don't wait for interest rates to 'bottom out.'Washington PostI'm thinking I should refinance again. You said you refinanced your 15-year mortgage and continued to pay your current payment. My house appraised at about $400000, and my mortgage balance is about half that on a 15-year loan at 4.375 percent. ... and more& » Read [...]

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Setback for US Mortgage Refinancing Plan Financial Times

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Los Angeles Times Setback for US mortgage refinancing planFinancial TimesThe US government's revamp of a home mortgage refinancing initiative will probably not reach as many distressed borrowers as initially hoped after the changes prompted investors to bet that borrowers will continue to ...New HARP can help underwater mortgages refinanceMurfreesboro PostMortgage-Backed Securities Rally On Muted Refinancing [...]

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'Putback' Relief at Center of HARP Mortgage Fix MarketWatch

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'Put-back' relief at center of HARP mortgage fixMarketWatchWASHINGTON (MarketWatch) – Lenders hoping they won't need to repurchase faulty mortgages when they refinance home-loans are focusing on a new Obama administration effort that wants to help them out. ... Read the full story: 'Put-back' relief at center of HARP mortgage fix - MarketWatch Tags: relief, HARP, [...]

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Navigating a Home Refinance Pocono Record

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Navigating a home refinancePocono RecordIn calculating your breakeven point, that point in time when the refinance starts saving you money, you must consider more than just the savings in interest vs. closing costs. Many times homeowners will refinance a 30 year mortgage into another 30 year ... Read the full story: Navigating a home refinance [...]

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What Are the Latest Predictions for Mortgage Rate Trends?

by Refinance Home Mortgage

When taking out a mortgage it is always a good idea to check up on current Mortgage Rate Trends. You can find information on Mortgage Rate Trends that dates back as many as thirty years. Understanding these Mortgage Rate Trends will help homeowners better understand the right time to take out a new mortgage, or [...]

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Are Mortgage Rates Rising Now?

by Refinance Home Mortgage

Mortgage Rates are rising, and show no signs of falling in the near future. With the decline of the economy, and rising unemployment, Mortgage Rates have worked their way up the scale to unheard of numbers. The reason for rising Mortgage Rates are varied, and understanding those reasons will help home owners understand how to [...]

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Should I Do a CashIn Refinance Smartmoney.com Blog

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Should I Do a Cash-In Refinance?Smartmoney.com (blog)Question: I recently looked at mortgage refinancing and found that I can save several hundred dollars per month with a fairly straightforward refi. However, I currently have between 10-15% equity in the home and could potentially ... Read the full story: Should I Do a Cash-In Refinance? - Smartmoney.com [...]

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U.S. to Overhaul Mortgagerefinance Program WSJ MarketWatch

by Refinance Home Mortgage

U.S. to overhaul mortgage-refinance program: WSJMarketWatchLOS ANGELES (MarketWatch) -- The Obama administration plans to announce major changes to a mortgage-refinance program that include eliminating restrictions for those whose homes have fallen significantly in value, The Wall Street ... and more& » Read the full story: U.S. to overhaul mortgage-refinance program: WSJ - MarketWatch Tags: overhaul, [...]

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Record Low Rates Fuel New Refinancing Wave Sioux City Journal

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Record low rates fuel new refinancing waveSioux City JournalTwo weeks ago, the average national rate for a 30-year-fixed loan fell to an all-time low of 3.94 percent, according to the government mortgage company Freddie Mac. The weekly average on a 15-year-fixed loan, a popular refinancing option, ... Read the full story: Record low rates fuel [...]

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Refinancing Chills US Home Purchases BusinessWeek

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Refinancing Chills US Home PurchasesBusinessWeekEvery 1 percent decline in mortgage rates makes 3 million more people eligible to refinance, as income and debt loads are measured against the rate, though not all of them will apply for home loans, said Yun. “One good side of a slowing economy is ... and more& » Read the [...]

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Recordlow Mortgage Rates Make Home Refinancing More Attractive Than Ever Reading Eagle

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Record-low mortgage rates make home refinancing more attractive than everReading EagleShe and her husband signed on for a 30-year mortgage for $120000 with an interest rate of 7 percent or more. They refinanced three times: Once to lower their rate, once to pay for their son's college tuition and once to add on to their [...]

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Fixed Mortgage Rates How Low Will They Go Christian Science Monitor

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Christian Science Monitor Fixed mortgage rates: How low will they go?Christian Science MonitorBut if refinancing can save serious money now, homeowners should grab lower fixed mortgage rates now. By Laurent Belsie, Business editor / October 3, 2011 Natick, Mass., real estate agent Beth Byrne signs papers to refinance the mortgage on her own ...Lowest Mortgage [...]

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