The first one is the Newly Expanded HARP program. Yes Obama did do something good for our industry. This should help 1-1.5 million homeowners reduce their interest rate from say 6% to today’s 4% 30 year fixed rate even if they owe more than the home is worth.
2011
Buying a residence can be a hair-raising experience. You will experience a roller coaster of emotions while finding the right place, securing the loan and finally moving in. For most of us, the first-time home purchase is the largest investment we’ve ever considered.