2010-02-14 — washingtonpost.com
"The refinancing wave that swept the nation when mortgage rates hit historic lows last year is petering out, leaving behind millions of homeowners who could not qualify for the best rates."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments:
hollycrap at 22:32 2010-02-14 said:
See, i read this article on how the Gov't is trying, but... this same gov't, at this same time, changes the Streamline Refinances and makes it more difficult for borrowers with FHA loans to do a no cash out refinance. Those FHA borrowers who have been paying their mortgage on time, cannot lower their rate or term; NOW, they too need an appraisal, or have to put out thousands for closing costs, or have to take a HIGHER rate and ask the Lender to pay the closing. Sorry, but the gov't is full or c**p. Tell me what sense that makes? This is either the left hand not knowing what the right hand is doing, or IT IS JUST DOUBLE TALK. I am sorry to say that it is the latter. Permalinkadd a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.