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Freddie Mac to Eliminate Fee on Deeply Underwater Loan Refis – Developments –...
By Al Yoon In the latest bid to help homeowners hit by the housing crash, Freddie Mac, the U.S.-supported mortgage giant, is set to drop a fee associated with refinancing deeply underwater loans. The...
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Federal program’s mortgage refis surge
More than 180,000 mortgage loans nationally were refinanced through the federal government’s Home Affordable Refinance Program during 2012’s first quarter, almost twice as many as during 2011’s fourth...
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Mortgage refinances surge to highest level since April 2009
U.S. 30-year mortgage rate data by YCharts Refi madness is smoking hot. Reacting to record low mortgage rates, borrowers seeking to lower their monthly payments signed up for lower-cost replacement...
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