RATES SPUR REFINANCES AS BUYING SEASON BEGINS

RATES SPUR REFINANCES AS BUYING SEASON BEGINS

In early June, rates for 30-year fixed home loans were at their lowest in seven months, according to Freddie Mac. Rates had been on the decline for five weeks straight before hitting this year’s lowest yet. The window of opportunity … Continue reading

THE COST OF WAITING TO REFINANCE

TO QE OR NOT TO QE? THAT IS THE QUESTION

TO QE OR NOT TO QE? THAT IS THE QUESTION

You may have heard rumblings in the news lately about something called Quantitative Easing, or QE3 for short. If you’re in the market to buy or refinance a home, this is one story to follow. Read on to learn why. … Continue reading

TODAY’S INDUSTRY STATS OUT OF SORTS

SENATORS WANT HIGHER G-FEES TO PAY FOR GULF COAST CLEANUP

SENATORS WANT HIGHER G-FEES TO PAY FOR GULF COAST CLEANUP

A group of senators want to extend higher Fannie Mae and Freddie Mac guarantee fees to pay for continued cleanup from the British Petroleum Gulf Coast oil spill. Opponents say the measure, if passed, effectively taxes potential homebuyers and consumers … Continue reading

HARP – HOME AFFORDABLE REFINANCE PROGRAM

If you are not behind on your mortgage payments but have been unable to obtain traditional refinancing due to the decrease in your home’s value, you may be eligible to refinance through the Making Home Affordable Refinance Program. HARP was … Continue reading