Expanded Program to Help Homeowners Whom are Underwater: HARP 2.0
Some good news that may open up refinancing opportunities for homeowners with little equity or whom are underwater: the Federal Housing Finance Agency, Fannie Mae and Freddie Mac are enhancing the Home Affordable Refinance Program (HARP). We’re calling it HARP 2.0....“Senate Adopts Measure to Increase Fannie, Freddie Loan Limits”
Bloomberg Businessweek issued an article stating that the Senate has approved a measure to increase our high balance loan limits. The measure now has to be passed by the House to become law. My fingers are crossed! Since reverting back to the “permanent”...Reminder (and Warning) Regarding the 1st Installment of Property Taxes
As many of your homeowners know, the 1st installment of property taxes is due to the county on November 1st; considered late after December 10th. You should all have your property tax bills by now. I will send out another reminder via my blog when they are due, and...Homepath 3.5% Closing Cost Assistance Expiring Soon
The 3.5% credit towards closing costs (and buying down an interest rate, if applicable) is expiring soon! For any Homepath real estate purchase, you can still qualify for the 3.5% credit. So if your purchase price is $400,000, you will receive a credit from Fannie...Loan Calculator
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