Apr 30, 2015 | Information for Homeowners, Mortgage Finance News
Homeowners have been asking this since 2012 when our economy was in recovery mode. The quick answer, Not Much Longer. We can talk about how interest rates work and why they fluctuate when the Fed makes an announcement or Europe’s economy becomes unstable....
Mar 28, 2012 | Information for Homeowners
HARP is an acronym that stands for the “Home Affordable Refinance Program.” The program was created in order to let borrowers, who got into a home prior to the housing crisis, refinance their mortgage despite the fact that their home value has decreased since they...
Dec 3, 2010 | Information for Homeowners, Mortgage Finance News
When the Fed initiated the stimulus program to purchase billions of dollars worth of Treasury Securities. Mortgage interest rates were expected to lower as investors began buying up these MBS (Mortgage-Back Securities)… and they did. However, just a couple of...