Lastest Federal Home Refinancing Programs News

Posted on Mar 6, 2013 in HARP Refinance

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APARTMENT Developing

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How Obama's Call For Refinancing Mortgages Will Boost The Economy
President Obama last night called on Congress to make it easier for families to refinance their mortgages. Noting that many eligible families are having a hard time refinancing, sickness Obama urged Congress to pass a bill as soon as it can that would ease the …
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WILL OBAMA'S REFINANCING IDEA HELP BORROWERS?
YES: Homeowners refinancing mortgages at lower interest rates benefits not only borrowers, but also taxpayers and the overall economy. For millions of U.S. borrowers, increased competition and the streamlining of lending reduce monthly payments.
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Many of Obama's New Economic Ideas Won't Pass
Refinancing aid for homeowners: Obama renewed his push for federal guarantees that would allow more homeowners to refinance their mortgages and lower their monthly payments. Odds it will happen: Modest. Now that home prices have stopped falling in …
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Question by Rob I: If I filed a bankruptcy back in July 2007 and I had applied for a mortgage from a credit union?
What do you think my rate and monthly payment would be if I only put 5% down of say for a mortgage of $ 90000 dollars? If you don’t have a lot to put down, visit what are my other options?

Best answer:

Answer by Glenn S
You should be able to get an FHA loan with only 3.5% down since your BK was over 2 years ago. You will need a FICO score above 580, for sale but more likely above 620.

Most credit unions don’t make FHA loans. Your interest rate will not be effected by your BK. Expect to pay 3.5%-4.5% range.

What do you think? Answer below!
Today's Mortgage Interest Rates: Wells Fargo Refinance Mortgage Rates for
Wells Fargo & Company (NYSE: WFC) is an American multinational diversified financial services company that offers home refinance mortgage services in the United States. The latest home refinance interest rates for conforming loan balances and larger …
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U.S. commercial bankruptcies lower than a year ago
… magazine and home delivery company Liberty Medical Supply Inc. Companies have been able to refinance with relative ease thanks to the policy of the U.S. Federal Reserve to keep interest rates near historic lows. Moody's said on Tuesday that its …
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Credit-spurred job growth to ease blow of federal cuts
A carpenter uses a level while working on a home under construction at the Hovnanian Enterprises Inc.'s Four Seasons housing development in Beaumont, pharm California, about it on Monday. Construction hiring is … It also means entrepreneurs will have the funds to …
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