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Don’t Fall For These 3 Refinance Traps

Don’t Fall For These 3 Refinance Traps

The premise of refinancing is good. It empowers the homeowner to change some aspects of his/her mortgage for the best outcome possible. Nonetheless it matters to think things through beforehand and not succumb to the temptation of too-good-to-be-true rates and...

The Top Tips for a Smooth Refinance Closing

The Top Tips for a Smooth Refinance Closing

You probably remember the stress of closing your home loan when you bought your home. If you are now thinking of refinancing, you’ll go through some of the same stress. While refinancing isn’t as hard as buying a home, you still have some hoops to jump through in...

Good News: Updated Policy On Reconstructed Mortgage Loans

Good News: Updated Policy On Reconstructed Mortgage Loans

Fannie Mae has new rules that could help you catch up on your mortgage payments.It is important to note the difference between restructuring and refinancing to understand what the updated policy means for you.Loan restructuring, also known as loan modification changes...

Freddie Mac: Brexit Drives Rates Down, Refi Up

Freddie Mac: Brexit Drives Rates Down, Refi Up

Brexit has played a major role in lowering mortgage rates, which is expected to boost U.S. housing activity particularly refinancing, Freddie Mac said in an outlook for the month of July.On July 12, the government-sponsored enterprise released its monthly outlook,...