If you are in the market for a refinance, you have undoubtedly heard about the various loans that are currently offered by lenders. There are adjustable rate mortgages, those that feature balloon payments, loans which offer substantial cash-out options, and of course also the loans that change an existing 30 year loan to a shorter [...]

In the early 1980’s, the FHA Streamline Refinance Program first made an appearance on the mortgage stage. Since its emergence, many FHA home owners have benefited from the program. It is again gaining popularity in the struggling economy.  If you are looking for ways to save money and reduced your monthly mortgage payments then you [...]

FHA Mortgage Streamline Refinance loans are available to homeowners that financed their homes with FHA Loans.
First a small history on FHA Refinance Loans. They have been available for a long time, all of the way back to the 1980’s. Because of the popularity of FHA Home Loans the FHA Streamline Refinance Program has at least [...]

I currently own and reside in my 2 family home in Mass. I want to refinance with cash out. Also I want to get another FHA loan to buy a home in Florida. I plot on moving to Florida within the next couple of months.
My question is will I be [...]

"WASHINGTON – The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental go designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation’s mortgage debt, a person briefed on the matter said Friday [...]

“WASHINGTON – The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental go designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation’s mortgage debt, a person briefed on the matter said Friday [...]