Lastest Government Refinance Programs News

Posted on Jun 30, 2014 in HARP Refinance

Fannie-Freddie Regulator Starts New Push for HARP Refinancing
The effort to raise awareness of HARP comes as refinancing is down 56 percent from a year ago, website medical according to data from the Mortgage Bankers Association. The average interest rate on 30-year fixed-rate mortgages has ranged between 4 and 4.5 percent …
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Mortgage Interest Rates for Conventional, more about FHA, USDA and VA Home Loans
FHA MIP is typically more costly than the private mortgage insurance (PMI) associated with a conventional loan via Fannie Mae or Freddie Mac. This is why borrowers with at least 5% down and with good credit scores should compare the ongoing costs of a …
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CBO: billion pricetag to refinance student loans
In the case of the $ 460 billion of federal student loans the CBO expects would be refinanced under the program, buy information pills the federal government would lose out on $ 55.6 billion of interest income it otherwise would have earned. For the $ 60 billion of private …
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Student loan fixes that make sense
that would have allowed students with old government loans to refinance them. Instead of continuing to pay interest at, say, the 6.8 percent rate that prevailed for many years, they could take the 3.86 percent … Another good idea is bolstering the …
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OPINION: College
Although mortgage holders have been given such assistance, this time Congress stood in the way, with Republican opponents filibustering the bill and denying about 25 million graduates the ability to refinance crushing student debt. Opponents … Yet …
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