Government Refinancing Help for Upside Down Mortgages

Low interest rates are prompting a lot of homeowners to refinance their mortgages right now. But many people experience an unpleasant surprise when they contact their lenders about refinancing their homes. Much to their dismay, they find out they are upside down in the mortgage loan, which makes it almost impossible to refinance.
But there are [...]

categories Government Programs | admin | datetime September 19, 2009 4:21 pm | comments Comments (0)

Why Is It Hard to Refinance a Mortgage Right Now?

Reader question: “I keep hearing how hard it is to refinance a mortgage in the current economy. Why is refinancing so hard to do right now, and what can I do to make it easier?”
I don’t think it’s accurate to say that it’s hard to refinance in the current economy — at least not in [...]

categories Refinancing Process | admin | datetime September 5, 2009 9:11 am | comments Comments (0)