wisconsin: HARP II announced - Home Affordable Refinance program for underwater mortgages
- 10/24/11 10:46 AM
FHFA, Fannie Mae and Freddie Mac Announce HARP Changes to Reach More Borrowers Washington, DC – The Federal Housing Finance Agency, with Fannie Mae and Freddie Mac (the Enterprises), today announced a series of changes to the Home Affordable Refinance Program (HARP) in an effort to attract more eligible borrowers who can benefit from refinancing their home mortgage. The program enhancements were developed at FHFA’s direction with input from lenders, mortgage insurers and other industry participants. "We know that there are many homeowners who are eligible to refinance under HARP and those are the borrowers we want to reach," … (0 comments)
wisconsin: Oops - you just missed the mortgage interest rate boat! ---- NOT !!
- 10/10/11 08:39 AM
Oops - you just missed the mortgage interest rate boat... or did you? St Paul, MN: The headlines are screaming... Mortgage interest rates just hit historic lows again for the forth straight weak. The morning talk shows are asking if it is a good time to refinance your home? So is it a good time to refinance? The answer is probably yes, but let's find out the truth about interest rates and how they work. The main item to understand is simple. Mortgage rates go up and down everyday. Sometimes a lot. Sometimes a little. There are many factors that contribute … (1 comments)
wisconsin: Is refinancing easier than buying a home?
- 07/20/11 05:13 AM
A refinance is just as easy to get as your first mortgage… right? St Paul, MN: Many people think that refinancing is easier than buying a home for two main reasons: 1) you already have a loan on the home, you make your payments, so it should be easy to refinance. 2) your current mortgage lender already has all their information, so they with easily refinance you, and they are the best place to call ** Sorry… Not true on either count. There are many factors that might make it hard to refinance in MN: First, understand that no matter who … (2 comments)
wisconsin: Rates are low. Should I be Refinancing?
- 06/29/11 03:32 AM
Mortgage Interest Rates are hovering near historic lows. Should YOU refinance? Minnesota and Wisconsin homeowners - The first rule is that there are no rules. You should refinance if it makes sense for you. Many people still think the "Rule Of Thumb" is that that if you could lower your interest rate by 2% or more then you should refinance; Depending on your situation, it may make sense for you to refinance even if you can lower your rate by only 1/2%. It's time to seriously think about refinancing your current mortgage, especially if your interest rate is 1.0% or higher … (1 comments)
wisconsin: You Are Entitled To A Second Opinion, Even If You Have Already Been Pre-Approved For Your Mortgage!
- 06/06/11 01:06 AM
You Are Entitled To A Second Opinion, Even If You Have Already Been Pre-Approved For Your Mortgage! Imagine you have just went to the Doctor in Minneapolis, or the Mayo Clinic in Rochester, MN and found out that you have to have surgery on your knee and the procedure will be pretty extensive! Most people just won't take the doctors word any more. They seek out another doctor for a second opinion. That's the way it should be with your home loans and mortgage too! If you have already been pre-approved or pre-qualified for a mortgage on your next home, are … (0 comments)
wisconsin: Zero Down Home Mortgage Loans Are Here!
- 04/30/11 01:34 AM
Zero down payment home loans are back. Actually, some of them never went away. VA and USDA Rural Development are two very popular home loan options. Learn more by watching today's "Royal" performance. CG Live from London.
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(C) 2011 - Joe Metzler - Mortgages Unlimited, St Paul, MN #274132. Re-blog but do not steal! We lend in MN and WI ONLY. Searching rates on home loans, rates for refinancing your mortgage in MN or WI. We have some of the best rates on home loans! … (3 comments)
wisconsin: Fannie Mae HomePath offers 3.5% in closing costs (temporarily)
- 04/12/11 08:39 AM
Fannie Mae HomePath closing costs increased to 3.5% St Paul, MN: Fannie Mae has announced they are increasing allowed seller paid closing costs to 3.50%. This is an increase over the current 3% in allowed seller paid closing costs to home buyers purchasing a Fannie Mae HomePath foreclosed home, and is FOR A LIMITED TIME ONLY. The special offer goes back to 3.00% soon, so be aware and careful if including 3.5% Fannie Mae paid closing costs in any transaction. Watch this video for details on Fannie Mae HomePath Closing Costs Purchase agreements must be written on or after April 11, … (3 comments)
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Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.
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