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Tag: HARP Refinance

December 2013 RealtyTrac Report: Top 5 Foreclosure States

By on January 28, 2014 in Market Updates
December 2013 RealtyTrac Report: Top 5 Foreclosure States

RealtyTrac (the leading online marketplace of foreclosure properties) recently released their most recent data report for the top five states with the most foreclosures as of December 2013. There was quite a bit of shifting of states since the last report in November, this time adding Utah and Nevada to the list and leaving South […]

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Negative Equity Report: CoreLogic – Top 10 States

By on January 9, 2014 in Market Updates
Negative Equity Report: CoreLogic – Top 10 States

CoreLogic’s negative equity analysis report in the third quarter of 2013 insists that if we are able to see an increase of an additional five percent in home prices, approximately 1.2 homes would be able to regain positive equity. The third quarter also showed the top 10 states currently struggling with negative equity. Nevada led […]

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Top 10 HARP Refinance States: FHFA 2013 Quarter Three Report

By on January 8, 2014 in Market Updates
Top 10 HARP Refinance States: FHFA 2013 Quarter Three Report

The Federal Housing Finance Agency (FHFA) released its 2013 refinance report update for the third quarter stating that the volume of HARP Refinances have decreased since the last report. While there is a low in refinances for HARP, mortgage rates is on the rise. However, there are 10 states in particular with the most HARP […]

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Top 10 States For HARP Refinances In August 2013

By on December 2, 2013 in Market Updates
Top 10 States For HARP Refinances In August 2013

According to the Federal Housing Finance Agency’s (FHFA) most recent collected data analysis, The HARP Refinance Program has certainly hit home for many homeowners who were struggling with their high monthly mortgage payments, owing more than their home’s value. In August 2013, 68,340 refinances were completed through HARP, bringing the total refinances through HARP from […]

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HARP Refinance Report – August 2013

By on November 15, 2013 in Market Updates
HARP Refinance Report – August 2013

Highlights from the most recent HARP Refinance Report provided by the FHFA shows that refinance volume continued to decrease in August after the mortgage rates began to rise in July from the low 3% range to mid 4% for a 30 year fixed rate. However, 68,340 HARP refinances were completed in August, bringing the total […]

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Infographic – Should I refinance My Mortgage?

By on November 13, 2013 in Mortgage Infographics
Infographic – Should I refinance My Mortgage?

Before refinancing your mortgage, you must ensure that you are doing it when mortgage rates are at a low. With a current interest rate at less than 5%, a refinance may not be worth it. Also, factor in the length of time in which you will be staying in your home in addition to your […]

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Infographic – What Is A Short Sale?

By on November 13, 2013 in Mortgage Infographics
Infographic – What Is A Short Sale?

When considering a short sale o fa home, there are many pros and cons. The benefits of a short sale could get rid of negative equity, reduce house payments, and help you qualify for a mortgage faster. However, on possible negative outcomes it can ruin your credit sscore, cause your lender to pursue a deficiency […]

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