by Summit Mortgage Corporation | Aug 23, 2017 | affordable housing, Fannie Mae, Federal Housing Finance Agency, FHFA, Freddie Mac, HARP, Home Affordable Refinance Program, loan-to-value ratio, mortgage, Mortgage Industry News, Oregon, Portland, refinancing, Spokane, Vancouver, Washington
Last week, the Federal Housing Finance Agency (FHFA) announced that it’s extending the Home Affordable Refinance Program (HARP) through December 31, 2018! This is great news for eligible borrowers. HARP helps homeowners who have little equity in their home, or...
by Summit Mortgage Corporation | Jun 27, 2016 | Brexit, Home Buying Process, home financing, home loan, housing market, Industry News, mortgage, mortgages, refinancing
While we’re separated from the U.K. by an entire ocean, it still won’t stop ‘Brexit’ from having an impact on many elements of global and United States finance – which includes the real estate market. Britain’s decision to leave the European Union (EU) has...