Tag Archive: Fannie Mae

Feb
21

Home Affordable Refinance Program 2.0 coming in March

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Valley West Mortgage is very excited to tell all of our new and previous clients that the Home Affordable Refinance Program will be offering new features in the early days of March. See the Valley West Mortgage HARP 2.0 Preview Here. use Mozilla FireFox or Google Chrome for best viewing capabilities. How will the HARP …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/home-affordable-refinance-program-2-0-coming-in-march/

Feb
21

Answer Desk: Refinance or pay the principal down? – WTOP.com

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Darci Marchese, wtop.com WASHINGTON – You’ve been hearing about historically low interest rates for many months now, so you may be wondering whether it’s best to refinance or pay the principal down instead. While there are a number of variables, the WTOP answer Desk takes a look at the general guidelines. Of course, it all …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/answer-desk-refinance-or-pay-the-principal-down-wtop-com/

Feb
20

Bargain time for mortgage shoppers

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So much money, for so many people, is sitting on the table waiting to be tapped.when it seemed that interest rates couldn’t go much lower, they fell more this month, to 3.87 percent on a 30-year mortgage. That’s the lowest average rate that Fannie Mae has ever reported.last week, the Mortgage Bankers Association noted that …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/bargain-time-for-mortgage-shoppers/

Feb
18

HARP Refinance – Obama Program to Help Underwater Owners

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Originally started in April 2009, the Home Affordable Program (HARP) is refinance program designed to assist underwater homeowner’s with Fannie Mae / Freddie Mac mortgages. If you have a jumbo mortgage, FHA loan, VA or USDA loan the HARP is not for you. you have other options, HARP 2.0 is not one of them. By allowing underwater homeowner’s the …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/harp-refinance-obama-program-to-help-underwater-owners/

Feb
17

Current Mortgage Rates Today – Changes PNC, SunTrust and other Lenders

(Best Syndication News) Mortgage interest rates were lower today even as some of the benchmarks moved in the opposite direction (see mortgage rate charts below). Wells Fargo, Citibank, Chase and Bank of America were among those banks lowering their interest rates. Benchmarks Despite several positive economic indicators, stocks were lower on Friday, after hovering near …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/current-mortgage-rates-today-changes-pnc-suntrust-and-other-lenders/

Dec
14

Idaho underwater homeowners may qualify for refinance programs

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At least one bank doing business in the Treasure Valley says too few eligible people are taking advantage of a federal program to help them refinance mortgages. Not enough people know about low-interest loans through the federal government’s Home Affordable Refinance Program, the Bank of the Cascades says. the program refinances mortgages for borrowers who …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/idaho-underwater-homeowners-may-qualify-for-refinance-programs/

Dec
13

4 changes to upcoming FHA loans

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4 changes to upcoming FHA loans Tips taken from CAR As you may know, unless Congress extends the expiration deadline, Federal Housing Administration (FHA) loan limits set in 2008 will drop significantly beginning October 1. Congress raised the loan limit amount in response to the housing crisis to help spur the homebuying market. FHA loans …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/4-changes-to-upcoming-fha-loans/

Nov
30

House caps Fannie, Freddie CEO pay

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The House Financial Services Committee voted 52-4 on Tuesday to cap salaries for top executives at distressed mortgage giants Fannie Mae and Freddie Mac to bring the agencies more in line with the less extravagant federal payscale. “the taxpayer-funded bailout of Fannie Mae and Freddie Mac is the biggest bailout in history,” committee chairman Rep. …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/house-caps-fannie-freddie-ceo-pay/

Nov
29

Rates Ended Up Slightly Higher by the End of the Holiday Shortened Week

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What is a “Safe Haven” Buying? Mortgage markets worsened slightly last week through a bouncy, holiday-shortened trading week. Markets were closed Thursday for Thanksgiving and re-opened only briefly Friday. As in past weeks, though, economic, political, and financial news from the Eurozone dictated the direction of U.S. mortgage-backed bonds. As Greece — and now Italy …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/rates-ended-up-slightly-higher-by-the-end-of-the-holiday-shortened-week/

Nov
29

Housing Refinancing Reforms Still Needed

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Changes to the Home Affordable Refinancing Program Could go Further The changes to the Obama administration’s Home Affordable Refinance Program announced last week by Fannie Mae and Freddie Mac are welcome, but more can be done to expand access to the program and allow additional struggling homeowners to refinance their mortgage at today’s historically low …

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Permanent link to this article: http://www.greenbrierrealestateservices.com/housing-refinancing-reforms-still-needed/

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