Archive for March, 2009
Refinance and save with a government backed FHA mortgage!
If you have a variable rate mortgage or sub prime mortgage loan then you will want to refinance out of these loans right away. Mortgage rates are in great shape even if you think you may have a hard time refinancing. The government is making it easier to do a fha mortgage refinance because they realize how hard it has become on many homeowners to qualify into mortgage loan. With the major problems in the housing market there are many challenges
with mortgage lenders today. President Bush has recently announced the FHA secure mortgage program which is designed to help individuals who are in adjustable mortgages that may have had a challenge in obtaining a refinance mortgage. This new program will allow you to explore a refinance even if you have had mortgage late payments in the past. This is great news for many homeowners, find out about an fha mortgage today!