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Need help with your existing mortgage? What new mortgage programs are available?
March 23rd, 2009 categories: Mortgage/Finance, Real Estate News
The Federal Government’s new site called “Making Home Affordable” is a good attempt to disperse information to those who need it most:
Refinancing
Many homeowners pay their mortgages on time but are not able to refinance to take advantage of today’s lower mortgage rates perhaps due to a decrease in the value of their home.
Modification
Many homeowners are struggling to make their monthly mortgage payments perhaps because their interest rate has increased or they have less income.
Here is a quick video.
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