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Dr. Shab Kavandi's Blog


Interest Rate Trend
Updated Oct. 9, 2013
The problems in the Eurozone are vast, complicated, and without easy solutions...so it will take a very long time for clear resolution. And during times of global uncertainty, money will flow into the relative safe haven of the US Dollar and US Bonds - including Mortgage Bonds, which home loan rates are tied to. This...
What is new HARP II Program
Updated Oct. 9, 2013
Home Mortgage Refinancing for underwater homeowners!!!!In October 2011, the federal government approved changes to the Home Affordable Refinance Program (HARP) in order to provide more homeowners with mortgage assistance.Recently Obama's administration did enhance the initial HARP program to...
How to find out if you are eligible for HARP II program you need to know if your mortgage belongs to Fannie Mae or Freddie Mac
Updated Oct. 9, 2013
How to find out if you are eligible for HARP II program you need to know if your mortgage belongs to Fannie Mae or Freddie Mac!How to find out if Fannie Mae or Freddie Mac has my mortgage?. You can check it out yourself in going to Fannie Mae and Freddie Mac "lookup" websites :. http://www.fanniemae.com/loanlookup/....
Mortgage Rates & Market Trends
Updated Nov. 7, 2013
Current Mortgage Rates & Market TrendsAfter the March 13 Fed statement, mortgage rates swiftly moved higher, but they have since improved and are close to where they were prior to the announcement. Last week, Fed Chief Bernanke clarified the Fed's current position, causing investors to scale back their...
New in HARP 2 Program
Updated Oct. 9, 2013
What's New in HARP 2 Program?No loan to value ratio restriction or 125 percent cap liftedOne of the most biggest change in HARP 2.0 is that there is no longer a limit on how far underwater your mortgage can be and still be able to refinance. Previously, there was a 125 percent loan-to-value limit on mortgages...

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