Understanding Mortgage Rates
Understanding Mortgage Rates
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FHA streamline refinance gets cheaper
The government is about to make refinancing FHA mortgages more affordable -- and potentially easier -- for hundreds of thousands of homeowners. The Federal Housing Administration will reduce mortgage fees significantly for borrowers who qualify for the FHA's streamline refinance program.
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Borrowers Face Big Delays In Refinancing Mortgages
In March, Mark Morrison says he was offered a 4.63% rate by his mortgage company, Ally Financial Inc., when he asked about refinancing. That would have resulted in monthly savings of just $87, before figuring ...
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Buying a fixer-upper? Here's the mortgage to do it
Buying a piece of distressed real estate can be a great way to snag a dream home at a steep discount.
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FHA 'Streamline Refinances' Get Cheaper and Easier
The FHA is cutting fees on streamline refis, so more homeowners can afford to refinance.
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