President Obama Explains Refinancing Through Government Programs
(Scroll Down To Watch The Video)
It’s not news that the housing market has left millions of people upside down on their homes. Many of them are receiving help by way of government refinance programs that have been made available to help people get their finances [...]
{ 0 comments }
When Not To Refinance
Author:
Jessica Bennet
Community Mentor
Ask Jessica
Refinancing does not make sense under the following situations:
Your property value has gone down:
If your property value reduces and you refinance up to 80% of the reappraised value, your original mortgage amount may be higher than this amount. Thus, the new loan will not be sufficient enough to help [...]
{ 0 comments }