The decision on whether to refinance involves a lot of variables.
The adjustable rate mortgage is good for people with relatively short time frames.
For underwater homeowners and many who want to help them, there is a Holy Grail: principal reduction. But will the government make this idea a reality?
An underwhelming jobs report has some investors skittish about the economy, but what does it mean for interest rates?
Freddie Mac is hinting that government-sponsored home mortgages may soon offer for a big “out” for troubled homeowners – reduced principal on their mortgages.
With mortgage rates at record lows, many are wondering whether it’s an opportune time to refinance again. Here’s a look at the pros and cons of the decision.
A new calculator on The Mortgage Professor site incorporates the latest underwriting rules from Fannie Mae, Freddie Mac and the Federal Housing Administration to ...
A new government report spells out what’s wrong with the Home Affordable Modification Program, the government’s signature housing relief program.
President Obama will clarify some steps to alleviate the housing market’s woes in a speech today in Las Vegas.
Low mortgage rates may make refinancing tempting, but closing costs change the calculus.
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