Month: December 2011

Home Affordable Refinance Program Updates

Posted on December 29, 2011 by - Home Affordable Refinance Program, Local Michigan, Refinance

There has been some exciting news which was recently released by Fannie Mae and Freddie Mac.  These two government agencies who help support the housing financial system, have announced that they are loosening some of the guidelines on their popular Home Affordable Refinance Program also known as HARP.  This ultimately means that it will be… Read more »

2012 Mortgage Rates | Will Mortgage Rates Remain Low for 2012?

Posted on December 13, 2011 by - Local Michigan, Refinance

The Federal Reserve has just concluded its final meeting for the 2011 calendar year stating that they plan to keep Fed rates low through mid-2013. This will have a positive effect on mortgage rates in 2012 helping to keep home loan rates low. Mortgage rates have been maintaining near record lows for several months as… Read more »