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Federal Housing Administration to Cut Upfront Fees for Refinancing FHA Loans
Earlier this month the Obama administration announced that the Federal Housing Administration will lower upfront fees for refinancing loans which the FHA currently insurers. According to a...
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Mortgage Companies Are Hiring To Accommodate Consumer Demand For Refinances
Mortgage companies welcomed 2,800 new hires in March, according to government figures released recently. According to the data, the mortgage industry as a whole is experiencing a growing need for...
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Why Should Affordable Refinancing Be Available? The White House Makes The Case
In today’s market, refinancing is a hot topic. Interest rates are hitting record lows and millions of American homeowners are hoping to take advantage of the shift. Unfortunately, many of these same...
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Look to Negotiate a Lower Refinance Rate
Thinking of refinancing your mortgage? You’re not alone. In the past several years, millions of American homeowners have lowered their monthly payments or paid off their mortgages sooner by...
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More Homeowners Taking Advantage of HARP Refinancing
Last fall, the Federal Housing Finance Agency (FHFA), which become the conservator of Fannie Mae and Freddie Mac back in 2008, made several key changes to the Obama Administration’s Home Affordable...
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What is a No Cost Refinance?
You’ve likely heard radio commercials and received direct mail solicitations from mortgage companies offering “No Closing Cost Refinancing” and slinging promises of no attorney fees, zero appraisal...
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