Times are tough for some, and while it may be a good time for some to buy a home...others are just trying to survive. If you're struggling to make ends meet, you're certainly not alone. There seems to be a hint of optimism in the nation, and maybe a little help is on the way.
Many are talking about low interest rates for home-buyers, but yesterday we got a nod from the President to look into refinancing. He announced a government website to help folks to see if they have any options to reduce their monthly mortgage payment.
The website is www.makinghomeaffordable.gov. It's a simple site, that can quickly help you determine if you may be eligible for a refinance or modification program to get you back on your feet. It only takes a minute and it may be well worth your time.
If you don't qualify for these programs, you could certainly check with your lender to see if it makes sense for you to refinance and take advantage of decade-low interest rates. I normally post things for prospective buyers and sellers, but I figure it's only fair to keep posted those who are digging in and staying put for awhile.
All the best!!
Travis
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