Changes to streamline the Home Affordable Refinance Program are helping some underwater homeowners get lower-interest loans. Those still-above-market rates, meanwhile, are boosting banks' profits. A newly streamlined government plan to reward homeowners who diligently pay their underwater mortgages is proving a bonanza for banks, which by one estimate may pocket $12 billion in extra revenue b
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Mortgage-aid revisions paying off for lenders and some borrowers
Posted by mortgage 14 days ago (Editorial)
Mortgage Q&A: Paying just interest can work
Posted by mortgage 41 days ago (Editorial)
Q. We have a $300,000 fixed-rate loan at 5.25 percent with 26 years left on the term. Our home is worth at least $600,000, and we have great credit and income. We called a local mortgage broker who recommended two refinance programs. We could take out another 30-year fixed-rate loan ...
4 Questions to Ask Before Paying Off a Mortgage
Posted by mortgage 85 days ago (Editorial)
Your time horizon and asset mix are key factors to keep in mind when deploying household capital.
Sendong-hit residents spared from paying mortgage debts
Posted by mortgage 106 days ago (Editorial)
RESIDENTS affected by Tropical Storm Sendong who have outstanding loan balances with the National Home Mortgage Finance Corporation (NHMFC) may take a sigh of relief as the government financing institution spared them from paying their obligation within six months....
"Hidden" mortgage fee paying for payroll tax cut
Posted by mortgage 107 days ago (Editorial)
An exclusive CBS News investigation finds new home buyers left holding the bag for two-month extension of payroll tax cuts
First Person: Paying Off a Mortgage ... Fast
Posted by mortgage 134 days ago (Editorial)
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Save money by paying off your mortgage early
Posted by mortgage 134 days ago (Editorial)
6 ways to liberate yourself from your mortgage Slide 1 of 7Paying off your mortgage might sound like an ambitious New Year's resolution, especially if you have recently refinanced into a 30-year term. ...
Women Paying Higher Mortgage Rates
Posted by mortgage 167 days ago (Editorial)
Women Paying Higher Mortgage Rates
Mortgage How to Get is an informational resource about mortgage news and information.