by Michael Divita | Jun 23, 2020 | Mortgage Education, Refinancing
Last month the Federal Housing Finance Agency announced changes to Fannie Mae and Freddie Mac forbearance policy that will allow borrowers to refinance out of their modified loans. In the past, mortgage loans in forbearance could not be refinanced for at least 12...
by Michael Divita | May 26, 2020 | Mortgage Education, Refinancing
With mortgage rates at historic lows, it can be difficult for homeowners to get straight answers on refinancing – is it right for you? When, exactly, is the best time to refinance your mortgage? It all depends on your situation and reasons for refinancing....
by Michael Divita | Apr 14, 2020 | Mortgage Education, Refinancing
According to the Mortgage Bankers Association, refinance applications jumped 79% the week ending March 6, compared with the previous week. Even though mortgage rates have rebounded a bit since then, millions of homeowners could save money by refinancing. Mortgage...
by Michael DiVita | Jul 29, 2014 | Mortgage Education, Refinancing
Underwater may not mean, out of luck! If you find yourself underwater on your mortgage you may be able to find some relief by refinancing with a HARP 2.0 loan. A traditional refinance path isn’t typically attainable when a home’s value is lower than the current loan...