Question by stant_98: Should I refinance or wait some more?
I have two mortgages: first with a balance 186K and second with a balance of 27K. My loan to value ratio based on the value of home and first mortgage balance is 91%. My first mortgage as a 5-yr ARM due to reset in June 2010. I qualify for “Make Home Affordable” Program. I’ve been told that under this program I will not have to pay PMI.
Should I rush into refinancing my home or wait?
Best answer:
Answer by golferwhoworks
I would while it has funding as that can go away at any time
Give your answer to this question below!
Proposal Could Broaden Government Refinance Programs
Over the past several years the Obama Administration has introduced initiatives that would allow underwater homeowners whose mortgages are backed or owned by Fannie Mae and Freddie Mac to refinance (the Home Affordable Refinance Programs, viagra 40mg or HARP). In …
More informaiton please visit here…
