Welcome to Home Mortgage
Refinance Home Mortgage Interest Rates Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
You may also listen to this article by using the following controls.
Mortgage Company Stops Foreclosure And Saves Family Home
from: Keith HuntA bank is a place that will lend you money, if you can prove that you dont need it, Bob Hope once quipped.
But if you going through a bad financial spell, you need an institution that will stand by you.
Our office received a call early one morning from a man desperate to save his home and needed foreclosure help. He was already 90 days late on his mortgage and desperately needed to refinance and pull out money to pay off enormous debts. He had just started a new job where he actually was making less money than before, and was in a real financial bind. His poor credit made it difficult for him to even qualify for a loan, let alone a low interest rate. To make matters worse, the next day he received a notice of default on his property. This man was worried that his family would have no place to live. He was reassured that we would save his home and help him through this difficult ordeal.
We began immediately researching ways to help this client and found a lender willing to work with him and save his home just in the nick of time. His mortgage payment stayed about the same and he was able to pay off more than $25,000 in other debts, which alleviated several hundred dollars in credit card payments every month. Most importantly, this man's house was saved and his family was in a much stronger financial position.
Banks tend to make loans that are risk-free to them. It is hard to imagine that any bank would have helped in this situation. But as a nationwide mortgage banker we have ongoing relationships with lenders that specialise in different types of loans. This knowledge saved a family home from certain foreclosure.
http://www.goldmedalmortgage5.com/Stop_Foreclosure.htm is a nationwide home mortgage loan company, powered by Infiniti Mortgage Capital.
For immediate assistance to stop foreclosure please call toll free 1 888 483 2500
About the Author
Camelot Marketing provides services to small to mid-range companies.
Refinance Home Mortgage Interest Rates News
Senator Boxer Faults BofA for Mortgage-Refinancing Delays of Up to 90 Days - Bloomberg
 Bloomberg | Senator Boxer Faults BofA for Mortgage-Refinancing Delays of Up to 90 Days Bloomberg “Delays could prevent borrowers from taking advantage of today's historically low interest rates and improvements recently made to the Home Affordable Refinance Program,” the California Democrat wrote in a letter today to Chief Executive Officer Brian ... HARP Refi May Delay PMI Cancellation As Mortgage Refinancings Surge, Banks Struggle New HARP Could Help Up to 6.7 Million |
Mass Refi Plan Would Hit Pensions While Easing Mortgage Payments - BusinessWeek
 USA TODAY | Mass Refi Plan Would Hit Pensions While Easing Mortgage Payments BusinessWeek Feb. 8 (Bloomberg) -- Like many homeowners, Vicky Kovari and her husband want to refinance their mortgage. A lower interest rate would save them hundreds of dollars a month -- and it would cost them, too. That's because like many Americans, ... Landmark settlement with mortgage lenders provides relief for some struggling ... Obama Says Mortgage Deal Turns Page On 'Recklessness' $25 billion mortgage pact reached with five banks |
Fitch: Low Rates Providing Limited Help to Weakest US Mortgage Borrowers - MarketWatch (press release)
Fitch: Low Rates Providing Limited Help to Weakest US Mortgage Borrowers MarketWatch (press release) Low interest rates have indirectly helped all mortgage borrowers by providing support for home prices and the economy in general. However, Prime borrowers have benefited more than weaker borrowers. Since 2009, approximately 40% of all Prime RMBS ... |
Banks on mortgage refinancing - Queens Chronicle
Banks on mortgage refinancing Queens Chronicle “And that's why I'm sending this Congress a plan that gives every responsible homeowner the chance to save about $3000 a year on their mortgage, by refinancing at historically low [interest] rates,” the president said. “No more red tape,” he said. |
Mortgage applications jump as interest rates hit new lows - Medill Reports: Chicago
 Medill Reports: Chicago | Mortgage applications jump as interest rates hit new lows Medill Reports: Chicago The continuing small proportion of "other" mortgage applications--from home buyers and investors, as contrasted with refinancing applications--reflects a persisting weakness in the US housing market. by Elizabeth Bunn With mortgage rates at historic ... Mortgage applications jump on refi demand: MBA Mortgage rates: How low can they go? Mortgage Application Volume Up 7.5% Last Week |
Michigan to get $790M in foreclosure-abuse settlement - The Detroit News
 News Sizzle | Michigan to get $790M in foreclosure-abuse settlement The Detroit News At least $3 billion will refinance loans for borrowers who are current on their mortgages but who owe more on their mortgage than their homes are worth. Borrowers who meet basic criteria will be eligible for the refinancing, which will reduce interest ... Wells Fargo Announces Details of Agreements with State Attorneys General and ... Closing Week Mortgage Rates: Another Straight Week of Leading Refinance ... |
Rate on 30-year mortgage stays at record 3.87 pct. - Sacramento Bee
 e-wisdom.com | Rate on 30-year mortgage stays at record 3.87 pct. Sacramento Bee By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON -- The average rate on the 30-year fixed mortgage stayed at a record low this week, providing some added incentive for those looking to buy a home or refinance. Mortgage buyer Freddie Mac said ... Interest Rates 30 Year Fixed Mortgage; Interest Rates 15 Year Fixed Mortgage ... Mortgage Rates: Low Mortgage Rates Trend Continues While Refinances Surge Bankrate: Mortgage Rates Up Slightly |