Tag Archives: refinance

The Obama Homeowner Affordabilty and Stability Plan

President Obama introduced some of the details surrounding his housing relief plan.  Much of what we need to know relating to Fannie and Freddie Mac will not be released until March 4, 2009.  Here’s a short summary of what we understand it to be now. Facilitating refinances of mortgages controlled or serviced by the GSEs [...]

Posted in Current Events | Also tagged , , , | 2 Comments

Refinance or not?

Last week the rates dropped to yet another low.  If analysts are correct, we should see mortgage rates below 6% for the next few weeks and possibly a few months. These same analysts emphasize the rate will also rise.  Typically when this happens homeowners march out and refinance their mortgages, to claim a better rate. [...]

Posted in Selling Your Home | Tagged | 1 Comment
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