Posted on February 1st, 2012 by Mortgage Refinancing News
President Obama will appear at a Falls Church community center Wednesday to unveil a plan to ease the sluggish housing market by making it easier for homeowners to refinance their mortgages. Obama’s proposal would allow borrowers to refinance at federally insured lower rates even if they owe more than their homes are worth and could produce an average annual savings of $3,000 per homeowner, an …
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Posted on January 27th, 2012 by Mortgage Refinancing News
BofA temporarily halts refi cash outs, Charlotte Business Journal reports
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Posted on January 26th, 2012 by Mortgage Refinancing News
Obama is sending Congress legislation that would allow homeowners to tap record-low borrowing costs, potentially boosting the housing market
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Posted on January 25th, 2012 by Mortgage Refinancing News
Between the Federal Reserve’s announcement that it will not raise interest rates until at least 2014 and President Obama’s mortgage refinancing plan , the government is trying to cripple the banking system, noted bank analyst Dick Bove told “The Kudlow Report” Wednesday.
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Posted on January 25th, 2012 by Mortgage Refinancing News
Anthony Ianniello from Ianniello, Anderson, Sciocchetti and Reilly PC talks about the weak housing numbers and what it means for those buying or selling.
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