June 26, 2012

Daily Housing News Round-Up

New tool helps homeowners determine if they qualify to refinance under President Obama’s proposed plan. San Francisco Chronicle publishes, “home equity skyrockets as owners refinance their way out of mortgage debt.” According to the Chicago Sun-Times, refinancing bill could help the housing market. The Sacramento Bee writes there are signs of an “improving housing market.” […]

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June 25, 2012

Daily Housing News Round-Up

According to The Hill, sales of new homes rise at fastest rate in two years. “Republicans and Democrats in the Senate have both expressed interest in a bill that could make it easier for millions of Americans to refinance home loans,” Reuters. The Boston Globe publishes that Massachusetts’s affordable housing bank has closed on $5.8 […]

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The White House: Would You Qualify for Refi? Find Out

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Ed note:  This blog post originally appeared on Whitehouse.gov, authored by Megan Slack. Did you know that the average homeowner could save $3,000 a year by refinancing at today’s historically low interest rates? Unfortunately, far too many borrowers are locked out of a chance to do so. Complicated application processes and eligibility requirements, costly appraisals, […]

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June 19, 2012

The White House Blog: By the Numbers: $3,000

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Ed note:  This blog post originally appeared on Whitehouse.gov/blog. President Obama has proposed a plan that will help millions of responsible homeowners save hundreds of dollars each month by refinancing their mortgages at today’s historically low interest rates. On average, homeowners who refinance will save $3,000 each year—that’s enough to pay for three years’ worth of auto insurance. To […]

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