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81% of Refinancing Homeowners Maintain or Reduce Mortgage Debt in Second Quarter

Today's News and Features Friday, August 03, 2012 Freddie Mac released the results of its second quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house. In the second quarter of 2012, 81 percent of homeowners who refinanced their first-lien home mortgage either maintained about the same loan amount or lowered their principal balance by paying-in additional ...

New Hope for Refinancing?!

Thursday, January 26, 2012 During his State of the Union address on Jan. 24, President Barack Obama called on Congress to approve new legislation that would give all homeowners who are current on their mortgages the opportunity to refinance at record low mortgage rates. According to a follow-up article by Nick Timiraos in The Wall Street Journal (WSJ), administration officials declined to immediately ...
Viewing Posts tagged Refinance. 4 Posts Found.
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