New Michigan RefiNow Mortgage introduced to save low-income borrowers thousands by refinancing to lower rates. Lower Costs. Appraisal Waivers Possible.
“Up, down and around we go. Where we stop, nobody knows!” Those are the exact thoughts so many American homeowners are experiencing right now. We are given reports and surveys from national agencies stating there is “hope on the horizon” for the housing market but yet what the latest report states would contradict that there… Read more »
What’s the point in earning money if it just gets thrown towards outrageous bills like that of your mortgage? Well thankfully there is something that is here to help you out. The FHA (Federal Housing Administration) Streamline Refinance program has been around for a little while now and it has manifested itself into one of the more popular… Read more »
The FHA Streamline Refinance (Federal Housing Administration) program has been saving homeowners money on their mortgage payments for years allowing them to reduce their rate without appraisal however the new update will help to save even more. There are plenty of homeowners out there that could tell you exactly how much they were able to save. Well… Read more »
Remember that massive $26 billion bank settlement that homeowners long rejoiced about? The one that brought homeowners that were facing potential foreclosure a bit of salvation? Yeah well it’s not quite what it’s cracked up to be. When the huge settlement between some of the nation’s largest banks was announced, people expected to receive major… Read more »
2012 began with quite a bang in the housing market but it was far from a good thing for current homeowners. It was reported back in January that overall home values were down for the fifth straight month. Which brought home values down to their lowest point in about ten straight years. The average home… Read more »
Foreclosures have plagued the United States for the past few years and it seems that trend is set to continue. Now even though the amount of foreclosures dropped 19% in January and another 8% in February, it’s expected that a massive increase in foreclosures is on the way. Experts warn that the massive $26 billion… Read more »
You know those nasty premiums that come along with mortgage loans? Those ones that everyone hates to deal with. Yeah, well I think you’re about to hate FHA (Federal Housing Administration) premiums even more. FHA Acting Commissioner, Carol Galante, made an announcement regarding their current premium points. It appears the “basis” points” will soon be… Read more »