What perceptions might be keeping you from saving money? A lower rate may mean not only a smaller payment but also more paid toward principal each month. You may be able to free up cash for renovating your home, financing a college education, purchasing a vacation home or investing in property without adding to you your monthly expenditures.
Are you ready to explore your refinancing options by the numbers? We’re here to help!
On October 25, 2011 President Obama announced a plan to ease eligibility rules for home owners who want to refinance and take advantage of ultra-low mortgage rates to lower their mortgage payments. The administration hopes that by broadening its requirements for the Home Affordable Program that about 1 million home owners will now be able to qualify.
Following is an article that give more details about the newly announced changes to the program. READ THE ARTICLE NOW