January 01 - 0001

 

One of the biggest things you should do is be aware of the refinancing options you have so you can make an the right decision. If you’re putting less than 20% down, you’ll have options for privately insured conventional loans or FHA loans. If you put five percent down and go with a conventional loan [...]

January 01 - 0001

 

The rate on a 30-year fixed mortgage clenched onto the record low it hit a week ago and was unchanged at 3.87 percent, Mortgage buyer Freddie Mac said Thursday. That’s the lowest level ever in the 40-year history of the Freddie Mac Primary Mortgage Market Survey. Good news to those of you looking to purchase [...]

January 01 - 0001

 

Earlier this week, President Barack Obama, announced a program to help struggling homeowners refinance their mortgages. The president is betting this plan will fare better than his administration’s earlier efforts to fix the housing market. Here’s a look at what the current plan has had to offer. If your current mortgage is owned by Freddie [...]