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 22, 2012

Daily Housing News Round-Up

Mortgage Bankers Association reports government refinance applications in U.S. doubled in latest survey. CNN Money prints, “mortgage-debt repentance preventing foreclosures.” Chicago Tribune publishes that “home prices are stabilizing in about half the nation’s metro areas.” HUD continues to support the LGBT community by enforcing regulations on housing discrimination. C-SPAN covers conference that examines veterans’ housing […]

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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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