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What You Need to Know Before Refinancing

During his State of the Union address on Tuesday, President Barack Obama called on Congress to approve new legislation that would give all homeowners who are current on their mortgages the opportunity to refinance at record-low mortgage rates. While details

5 Reasons to Refinance

While not everyone can afford to refinance due to little or no equity, refinancing is still a popular option for many, as it can be a smart way to simplify and save money. Below are five reasons why you might want to consider refinancing: 1. To Get a

Freddie Mac Allows Refinancing of 125% of Homes Value

Freddie Mac announced Wednesday that it would offer loan-to-value ratios on home mortgage refinancings of up to 125 percent for qualified borrowers. The announcement comes as the Obama administration raised the maximum allowable loan-to-value (LTV) ratio

Freddie Mac Loan Options & Refinance Programs - Avoid Foreclosure

A friend of mine that works at Freddie Mac sent me an email with the following useful information. It has great information on when it is worth while to refinance even if you are not in trouble but just want to reduce your rate. I think the hardest qualification