
Simple details about the most complicated economic times
in American history
Home Loans RefinancingFor all American homeowners, now is a great time to refinance your home loan. Home loan rates are at all time lows, thanks to the U.S. government purchasing mortgages to stabilize the American economy. These home loan rates won’t last – refinancing rates are expected to climb by 1 point to 1.5 points once the government steps out of the market.
Even if you owe more than your home is worth, both Fannie Mae and Freddie Mac (the government-backed mortgage giants) are offering new programs, the DU Refi Plus and the LP Refi. |