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Archive for March 19th, 2009

If you are wondering who qualifies for the government program for mortgage help, you can now check online.
The Obama administration introduced a Web site on Thursday to help troubled homeowners find out if they’re eligible for any relief under its loan modification or refinancing programs.    MakingHomeAffordable.gov

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Rates on 30-year mortgages plunged this week to the lowest level since January, and may fall further after the Federal Reserve launched a new effort to prop up the flailing housing market.
Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages dropped to 4.98 percent this week, down from 5.03 percent [...]

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