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Category Archives: Home Finance

Home Affordable Refinance Program

Home Affordable Refinance Program (HARP) If you’re not behind on your mortgage payments but have been unable to get traditional refinancing because the value of your home has declined, you may be eligible to refinance through the Home Affordable Refinance Program (HARP). HARP is designed to help you get a new, more affordable, more stable …

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FHA Slashing Mortgage Insurance Premiums

home finance

FHA slashing mortgage insurance premiums by $900 a year. Rollback could bring 250,000 first-time homebuyers into the market. FHA’s upfront premiums of 1.75 percent will remain unchanged. So a first-time homebuyers taking out a $180,000 mortgage will pay $3,150 upfront and $1,530 a year in premiums for access to FHA mortgage programs that let …

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