Gov’t Announces More Refinancing Program Details
Mortgage LoanThis week, the federal government released more details about its revamped Home Affordable Refinance Program, which sets out to allow more home owners to refinance their mortgage and take advantage of ultra-low rates. The program is geared to those who are current on their mortgage but may be underwater, owing more on their homes than they are currently worth. Here are some more details about the changes coming to HARP: Borrowers must be current on their loan and have no delinquencies in the last six months. A borrower can be […]