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“How much house can I afford?” – simple steps

The idea of buying a home is quite exciting, imagining that you get to own the building that you live in plus the surrounding compound, But you have to ask yourself the question “How much house can I afford?”. Owning a house is both an important commitment and a severe lifestyle choice. Buying a house is an […]

What You Should Know About Refinance Mortgage and home loan.

Keep pushing, and you will get a means to refinance mortgage. Refinancing a mortgage is not cheap, and it is not always simple, but if you think about the probable savings, it might be worth your time and energy. Subprime mortgages are only brief term financing alternatives. The reverse mortgage is an intricate loan which […]

Obama’s harp program – The home affordable refinance plan.

In March 2009, the FHFA and the Department of the Treasury called the harp program into life. The U.S. housing bubble crashed in 2008, and many borrowers were in a difficult situation. Traditionally, banks require a loan to value ratio of 80% or less to get a refinancing loan without a private mortgage insurance. However, […]