Mortgage Refinance Rates
pres. obama was putting into plan a way to help people refinance homes with lower mortgage rates. what happend?
he was starting a program where lenders get paid to help people with high Mortgages get lower mortgages. how can we find out about this program and if it is in effect now
the program was for people that didn’t have good credit scores and had to take high interest loans now to get lower interest loans and the mortgage company would be paid to refinance them.
It has been shown that the vast number of uncreditworthy people who re-finance with more favorable rates re-default within six months. They’re trying to clear the decks not push the trash back a half-year.