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refinances FAQ
Is there a new refinance program that forgives negative equity and refinances the house at current value?
Dec 17, 2008 by hotguyfromrincon | Posted in Renting & Real Estate
I heard about some new government loan where if your home has dropped in value, the government will absorb the depreciation and refinance your house at its current market value. I just bought my first house in August of 2008 for $275,000 which was a
buddy....there are many refinance program online sources where you can get full of information and also get the refinance loan at lower mortgage interest rates and reduce your negative equity...i have the source where the option of existing loan modification
Mst A | Dec 17, 2008
Dude if your going to live in the property and can afford the payment, which you should be able to since you just got the loan, don't even worry about the value. You people think that you lost thousands when all that is happening is a correction in the
Rick T | Dec 17, 2008
FHA has permitted what kind of refinances on insured mortgages since the early 1980's?
Sep 11, 2007 by jj johnson | Posted in Personal Finance
FHA has permitted what kind of refinances on insured mortgages since the early 1980's?
is this a trivial question?
you can do rate/term and cash out refinances.
Carolinahomerates.com | Sep 11, 2007
What is the difference between these refinances?
Apr 10, 2009 by catlover | Posted in Renting & Real Estate
What is the difference between a 5.5% streamline refinance and whatever the actual interest rates on the market are (currently around 5%). Is there pros and cons to picking to do one over the other)
closing cost. Plain and simple. The higher the rate the lower the closing cost should be
golferwhoworks | Apr 10, 2009
refinances news
First Niagara Refinances Sports Center
18.05.12
SHELTON — First Niagara Financial Group has completed a $4.5 million commercial mortgage refinancing loan with the Sports Center of Connecticut, located on River Road in Shelton. The loan will be used to refinance existing debt and provide new working capital, allowing the owners to service their customer base and expand the complex into other areas of sports and entertainment.
Source: Connecticut Business News Journal
Ashford Refinances $167.2M Loan
18.05.12
Ashford Hospitality Trust, Inc. (NYSE: AHT) has refinanced its sole 2012 debt maturity.
The $167.2 million loan set to mature in May has been refinanced with a new $135.0 million loan that matures in May of 2014 and has three one-year extension options subject to satisfaction of certain conditions.
Source: Citybizlist Real Estate
Alvin Community College refinances $8.9 in bond debt
18.05.12
The Alvin Community College Board of Regents has refinanced $8.9 million in bonds in a move they say will save the college about $944,000 over the next 13 years.
ACC's bond ratings are AA- (Fitch Ratings) and Aa2 (Moody's Investor Service). Both ratings are considered low-risk.
Source: Ultimate Pearland
refinances about
Study: Refinances Tougher to Get for Minorities
IBTimes Hong Kong - Apr 28, 2011
Following the housing crash, home mortgages refinances seem to be easier and more readily available in predominantly white areas of major US cities than in minority areas. That was the conclusion of research compiled by a coalition of nonprofit groups
When is a HARP Refinance Worth the Cost?
Fox Business - Apr 25, 2011
Lured by the opportunity to reduce their mortgage payments, many homeowners embark in the often frustrating experience of trying to refinance through HARP -- the Home Affordable Refinance Program. The federal program, designed to ease refinancing for
Fewer Purchase Applications Causes Sizeable Mortgage Market Decline
Credit.com News (blog) - Apr 27, 2011
There was also a slight decrease in the number of consumers who sought to refinance their existing home loan. Overall, refinances dropped just 0.6 percent, and the overall share of the mortgage market for that financial option rose to 61.6 percent,
Refinance Mortgage Rates Today at GMAC
Personal Finance Bulletin - Apr 26, 2011
Interest rates at GMAC mortgage (NYSE: AL LY) are holding steady at 4.75% yielding of 4.91% APR for 30 year fixed rate refinances. The 15 year fixed rate refinance loan is 4.125% today, resulting in an APR of 4.418%. Five-year and seven-year ARMs are