Remember when you were a kid and the simplest things intrigued you? When you parroted the reaction of those around you because you were learning how to react to something new, something you had never seen or experienced before.
That is how a lot of American’s must have felt when the most recent expansion to the [...]
Posts Tagged ‘Refinance’
Refinancing Limits Raised: Happy 4th of July!
The Home Affordable Refinance Program
The Obama Administration’s new plan to help stabilize home prices allows qualified homeowners to refinance their first mortgage up to 105% of the value of their home and take advantage of historically low interest rates. To qualify the property must be owner occupied, homeowners must have a solid payment history, and the existing mortgage must be owned by Fannie Mae or Freddie Mac.