Our own RE/MAX CEO Margaret Kelly is
calling for a slow and steady recovery' This according to her recent appearance
on Bloomberg TV. Now you can check out the
entire clip of Margaret Kelly talking about new home sales and other promising
signs in the housing market on Bloomberg TV by simply clicking here
Administration Announces Refinance Program for Underwater Borrowers
By Krista Franks and Carrie Bay | 10/24/2011
It's official. The Federal Housing Finance Agency (FHFA) has unveiled a new, revamped government mortgage refinancing program. The initiative involves a series of rule changes to the Home Affordable Refinance Program (HARP) to allow more underwater homeowners to reduce their mortgage debt by taking advantage of today's rock-bottom interest rates. Under the revised HARP guidelines, the 125 percent loan-to-value (LTV) ceiling has been removed, and risk-based fees have been adjusted.Read More







