How Long will Interest Rates Remain this Low?
Home Owners have been asking this since 2012 when our economy was in recovery mode. The quick answer, not much longer. Interest rates are at historical lows
Tag Archives: Mortgage
HARP 2.0 – What are the facts and how can I benefit?
HARP is an acronym which 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 gained ownership.
Mortgage Interest Rates Seesaw game
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,…