Tag: underwater mortgages
What Happened To The HARP Refinance Program 3.0?
Not long after the introduction of the Home Affordable Refinance Program 2.0, the Obama Administration announced plans of a HARP 3.0. So, when is the newer version of HARP 2.0 going to be released? Unfortunately, the discussion of a HARP 3.0 seem to have fallen short with no plans in the making. The Home Affordable […]
Survive Your Underwater Mortgage
You’ve been told by your lender that a 6.75 percent home loan is the best value you’ll see in the industry, but that was several years ago. If you still have that loan, but are struggling to find the monthly funds to pay it, there is relief in the form of The Home Affordable Refinance […]
Reducing Expensive Mortgage Payments
With high interest rates and some remaining unemployment from the Great Recession, you may be struggling to stay current on the payments to this day. Although it may sound too good to be true, there is a government-backed program that helps you reduce monthly payments with a refinance. HARP Basics HARP is a program designed […]
A Refinance Program Giving Back to the Middle Class
Mortgage rates are lower today than they have been for years. For those who are already committed to a current existing rate, you are not out of options to achieve a lower rate through a refinance. Even though the opportunity has been around since 2009, one of the nation’s most effective mortgage payment reducing program […]
The Nation’s Top Five States Highest in Foreclosure Filings
Currently in the U.S. there are well over 1 million properties that are in a stage of foreclosure, 1,094,710 to be exact. As of the month in June, properties foreclosed was reported from RealtyTrac was 2% lower than the month of May and 16% lower than the the same time in 2013. The home sales […]
May 2014: RealtyTrac’s Top Foreclosure States
Foreclosures for the month of May has dropped since the month of April according to the most recent RealtyTrac report. When compared between both months, there was a 15,231 difference in properties that are currently in some stage of foreclosure. During the month of May, the properties that filed for a foreclosure was 5% lower […]
FHFA February 2014 Report: Top 10 HARP Refinance States
According to the most recent report presented through the Federal Housing Finance Agency (FHFA), HARP Refinances have decreased possibly due to rising mortgage rates of four to four and a half percent since June 2013. As of March 2014 there are a total of 48,000 foreclosures completed, which is a pretty high amount since 2008. […]
FHFA January 2014: Top 10 HARP Refinance States
The top ten states with highest HARP Refinance volumes for the month of January 2014 has been released. The state of Georgia contributed to 42 percent of the total refinances and 40 percent from Florida. The total HARP refinances reported as a nation was 22 percent for the January according to gathered data analysis from […]
