HARP Refinance Loan Program Expires Just 7 Months From Now
Yet, see ailment despite persistently low mortgage rates throughout the start of 2015, the number of HARP closings nationwide has been dropping. The typical HARP-refinancing household now saves more than thirty-five percent annually on their mortgage. Even that …
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Why 3% Down Mortgages Alone Won't Revive Housing
The program can also be used to refinance existing Fannie Mae loans and cash-out refinancing is also allowed. Over at Freddie Mac, Home Possible Advantage loans are the mirror-image of the Fannie Mae mortgages. For instance, HPA mortgages can be …
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Death of buy-to-let: landlords wake up to Osborne's 150pc tax
The mechanism of Mr Osborne's tax attack is the removal of landlords' ability to deduct the cost of their mortgage interest from their rental income when they calculate a profit on which to pay tax. So very wealthy landlords who do not need mortgages …
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Fact Check: Is Refinancing Student Debt Really Good Policy?
"It just makes sense, unhealthy if you can refinance your mortgage or your car loan, more about you should be able to refinance your student loan too," Clinton said similarly last week at an event in New Hampshire where she unveiled her college-affordability plan. … "So …
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Lenders, this originators keen on Florida market
A recent ranking by GOBankingRates listed Hawaii, buy California, about it New York, Connecticut, Colorado, Utah, Massachusetts, Rhode Island and Texas as the worst place to be a mortgage originator, comparing 15- and 30-year mortgage rates and factoring in listing …
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Share of US consumers who think it's a good time to buy a home hits all-time low
The share who say mortgage rates will go up in the next 12 months rose to 51%. The percentage of consumers who think it would be easy to get a mortgage fell to 48%, while the share who think it would be difficult rose to 49%. This marks the first time …
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