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Refinancing your mortgage might be considered for several reasons. Perhaps you’re interested in tapping into part of your home’s equity, or you’d want to consolidate some other debt. Mortgage refinancing is an option, but the closing expenses turn…
The Home Affordable Refinance Program (HARP) was established by Congress in 2009 to provide relief to homeowners who owed more than their home was worth, provided they held a Fannie Mae or Freddie Mac mortgage. This program was…
Your furnace goes out, you discover a leak in the roof, or a pipe breaks in your basement. As a homeowner, you have to be prepared for any number of things that could go wrong in your home.…
An FHA streamline refinance is a program available to current homeowners with existing FHA mortgages. These are mortgages backed by the Federal Housing Administration. They are suitable for lower-income families as they have lower requirements for credit scores…
Nobody likes to pay closing costs, but you’ll likely face some as part of your mortgage refinance, also known as mortgage refinance closing costs. You might want to refinance your home for various reasons, such as tapping into…
