Kim Darwaza Northern Virginia Real Estate

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 of the program have yet to emerge, the new legislation - in theory - is designed ...

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 Lower Mortgage Rate Many lenders today are offering low rates, making a refinance a smart ...

Kim Darwaza of RE/MAX Allegiance launches website and marketing plan specific to homeowners facing foreclosure hardship in the Herndon, VA real estate market HERNDON, VA—Kim Darwaza of RE/MAX Allegiance a Herndon real estate specialist, has developed a marketing strategy and website that is focused on assisting distressed homeowners ...

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 for a lot of people is the LTV not exceeding 105%.  Also, if you ...