Mortgage refinancing rates at their lowest in 14 months

If you are looking to refinance your home, mortgage rates are currently at their lowest levels in 14 months. However, there are still hundreds of thousands of households in the U.S. that have yet to take advantage of the Home Affordable Refinance Program. The average household saves over 30 percent in monthly payments with a … Continue reading Mortgage refinancing rates at their lowest in 14 months

Major banks support revisions to Home Affordable Refinance Program

Big Four Set to Participate in HARP 2.0 The industry’s four largest mortgage servicers all say they will be taking part in the revamped Home Affordable Refinance Program (HARP). Bank of America, Chase, Citigroup, and Wells Fargo have each expressed their support of the program and the changes that will allow more underwater homeowners to … Continue reading Major banks support revisions to Home Affordable Refinance Program