Home–Refinance Plan by Government Tops 2 Million
… FMCC, information pills more about XHB, medical XLF · Tweet. NEW YORK (TheStreet) — The government's Home Affordable Refinance Program (HARP) has helped a little over 2 million borrowers refinance their mortgages at lower rates, the Federal Housing Finance Agency said Tuesday.
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Want a Stronger Economic Recovery? Encourage More Home Refinancing
Finding ways to encourage refinancing is good policy. The Federal Reserve has done its part: Its asset purchase programs have helped to lower long-term interest rates to historically low levels. The interest rate on new 30-year fixed-rate mortgages is …
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Refinances surge under Obama program for underwater loans
The number of homeowners refinancing their loans through a popular federal program that allows underwater homeowners to get new rates surged to more than 2 million in November. In November, almost 130,000 homeowners refinanced their loan through the …
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