Tag Archive: Refinance

Have You Tried to Refinance Lately? HARP Changes Could Help You Qualify

August 29, 2014 by Leave a comment

As the housing market continues to rebound, lenders are in a tricky situation. Excessively strict lending laws can cause the market to stagnate, but loosening restrictions too much will result in foreclosures. Consumers and economists often eagerly await news about lending conditions, since it directly impacts the market. One major source of information on lending conditions is the... View Article

Filed under:
Read More

Increasing Home Value Part 3: Why You Should Consider Paying Off Your Mortgage Early

August 28, 2014 by Leave a comment

If you want to make some headway with your personal finances, you may want to make plans to repay your debts. When we talk about debt, most of the time we’re referring to the “bad” kind: student loans with balances greater than your annual salary, or consumer credit card debt. But there’s “good” debt, too. That’s what your... View Article

Filed under:
Read More

HARP is nearing its end: If you’re underwater, its time to refinance now

August 22, 2014 by Leave a comment

Debating whether to refinance? If you owe more on your mortgage loan than what your home is worth, you might be running out of time. That’s because the federal government’s Home Affordable Refinance Program — better known as HARP-  is scheduled to expire at the end of 2015. And if you don’t refinance before that government program... View Article

Filed under:
Read More

Refinance Request Turned Down? Here’s What You Can Do Next

August 15, 2014 by 1 Comment

In an effort to save money, many consumers have turned to a mortgage refinance as an option. Working with a mortgage company or bank, a borrower can significantly reduce his payments by taking advantage of low interest rates. However, with today’s stricter lending laws, many mortgage holders are finding refinancing isn’t quite as easy as speaking to a... View Article

Filed under:
Read More

Mortgage Rates Predicted to Increase in 2014 – What Can You Do?

May 21, 2014 by 2 Comments

The mortgage and housing industry has struggled to recover since the subprime meltdown six years ago. In the aftermath of the crisis, foreclosure rates hit an all-time high in many major cities across the nation; home sales came to a standstill in other markets; and banks saw an increase in their number of short sales and... View Article

Read More