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A new government program aimed at helping homeowners refinance was to be launched today. Instead it's stalled waiting for a computer upgrade and cautious lenders to get on board. The Home Affordable Refinance Program or HARP allows homeowners with ...

New Home Refinancing Program On Hold

Economic activity increased at a slow to moderate pace across Federal Reserve districts, except the St. Louis district, which reported a decline, according to the latest Beige Book, based on anecdotes from business contacts and economists ...

Home refinancing and multifamily demand on the rise: Beige Book

Dec. 8 (Bloomberg) -- Bank of America Corp., the largest mortgage servicer, said lenders will meet with the overseer of Fannie Mae and Freddie Mac to discuss last month’s revamp of the federal Home Affordable Refinance Program, which ...

BofA Says Obama Refinancing-Plan Details Trouble Home Lenders

I have a $600,000 loan on a home with a current market value of about $500,000. It's a fixed-rate mortgage at 6 percent. I am 60 years old. My wife and I currently make about $200,000 per year. Should I take money out of my 401(k) and refinance ...

Should you refinance home using your 401(k)?

THE BETTER BUSINESS Bureau is warning homeowners who may be planning to refinance their homes under a new government program to watch out for scams. As of Dec. 1, homeowners who are "under water" - meaning that their homes are worth less than what they owe ...

If you're refinancing your home, watch out for scams

When it was announced in October, the federal government's revamped Home Affordable Refinance Program was seen as a way to keep more underwater families in their homes. The Obama administration has said it hopes the revamped HARP will help 1 ...

Revisions to refinance program to help underwater homeowners

If that turns out to be the case, Hyde says the loans should be eligible for refinancing under the latest version of the federal Home Affordable Refinance Program.

White House asking price slashed to $264 mln

Finding a way to lower this amount by refinancing the mortgage is an appealing idea to most people. Learning all there is to know about home refinance, however, can be both confusing and time consuming. Many homeowners are looking for a neutral and helpful ...

HomeRefinancingTips’ Helps Homeowners Save Much-Needed Money by Reducing Their Mortgage Payment

"Underwater” homeowners can start submitting applications Thursday under a revised government program meant to make refinancing easier. The Obama Administration announced this fall it’s making changes to the Home Affordable Refinance Program ...

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