The federal government announced the expanded Government Mortgage Help Plan on 26March 2010 at the White House. As this is a follow-up of the previous plans that went in vain, people wonder whether the new plan will prove effective. With this revised plan, the government aims at helping not only the 7 million households that [...]
Posts Tagged ‘Government’
Seek Assistance From Government Mortgage Help Plan
Posted by admin on May 18th, 2011
President Obama has taken a significant step to make housing affordable to the American public who are in financial distress. Through various schemes like Government Mortgage Help Plan, Americans now have opportunities to modify or refinance their mortgage and make their monthly payments more affordable. Simply put, Government Mortgage Help Plan is designed with an [...]
Posted in mortgage refinance 
Tags: Assistance, From, Government, Help, Mortgage, Plan, Seek 
No Comments »New Government Refinance Mortgage Programs Announced
Posted by admin on December 19th, 2010
Since the beginning of 2009, the Obama administration has been reducing interest rates on Home Mortgage Refinance, but these programs are now being phased out. Loans backed by the government currently carry interest rates between 5.25 and 6.0, but are projected to go up significantly. However, to compensate for this, President Obama and his economic [...]
Posted in mortgage refinance Tags: Announced, Government, Mortgage, Programs, Refinance 33 Comments »