government plan for lower mortgage rates

September 04, 2010|Sam Mamudi, MarketWatch

Obama's refinancing plan: Is the Government Going to Lower ...
Sep 6, 2011 . Lowering the rate on a $200000 mortgage to 4% from 6% yields about $3000 in annual savings, which means the plan would function “like a .
http://business.time.com/2011/09/06/is-the-government-going-to-lower-everyones-mortgage-payment/

U.S. May Back Refinance Plan for Mortgages - The New York Times
Aug 24, 2011 . One proposal would allow millions of homeowners with government-backed mortgages to refinance them at today's lower interest rates, about .
http://www.nytimes.com/2011/08/25/business/economy/us-may-back-mortgage-refinancing-for-millions.html?pagewanted=all

Obama Mortgage Plan Would Broaden Government-Backed Loans ...
Jan 25, 2012 . The White House plans to propose legislation that could allow a few million . to reduce mortgage payments by refinancing with government-backed loans. . companies, allowing the companies to offer lower interest rates.
http://www.nytimes.com/2012/01/25/us/politics/obama-mortgage-plan-would-broaden-government-backed-loans.html

Making Home Affordable
Making Home Affordable An official program of the Departments of the Treasury . Lower Monthly Payments . through a variety of programs that aid in mortgage modifications, interest rate reductions, . USA.gov · USAJOBS.gov · OPM.gov .
http://www.makinghomeaffordable.gov/

Mortgage Plan to Help Underwater Borrowers Refinance is ...
Oct 25, 2011. government plan to help borrowers get lower-interest mortgages for . Shorter loan terms also carry lower interest rates and pay down debt .
http://www.bloomberg.com/news/2011-10-24/regulators-to-announce-expanded-mortgage-refinance-plan-today.html

Obama Proposes Mortgage-Refinance Plan - WSJ.com
Jan 24, 2012 . Mortgage rates have fallen to their lowest recorded levels. . represent a dramatic expansion of the government into the mortgage market.
http://online.wsj.com/article/SB10001424052970203806504577181652800384514.html

Government Mortgage Relief Programs: Qualifications and How to ...
The MHA plan essentially comprises two mortgage relief programs to help . able to refinance to take advantage of todays lower mortgage rates mainly due to a .
http://homeownership.org/foreclosure-help/mortgage-relief-programs/index.aspx

Not for everyone

Fannie, Freddie Takeover Could Be Key to Obama Jobs Plan | Fox ...
Aug 25, 2011 . Obama Jobs Plan May Be Aimed at High Risk Mortgage Borrowers . program or something from the federal government that provides that clear . Times about a reported administration plan to offer lower mortgage rates to .
http://www.foxnews.com/politics/2011/08/25/fannie-freddie-takeover-could-be-key-to-obama-jobs-plan/

Q&A for Hubbard-Mayer Mortgage Refinancing Proposal
Oct 7, 2011 . Professors Mayer and Hubbard's plan to lower mortgage rates will not . In return, you must give the government a lien on the property equal to .
http://www.glennhubbard.net/papers/369-qaa-for-hubbard-mayer-mortgage-refinancing-proposal.html

Do you qualify for Obama refi plan?
The federal government's Home Affordable Refinance program is designed to . in value refinance their mortgages to obtain lower interest rates or payments, .
http://www.bankrate.com/finance/mortgages/do-you-qualify-for-refi-plan-1.aspx

New Program May Reduce Mortgage Principal for Underwater ...
Sep 21, 2010 . The government recently launched a program for underwater homeowners that doesn't just lower interest rate or extend mortgages, but actually .
http://www.moneytalksnews.com/2010/09/21/new-help-for-responsible-yet-underwater-homeowners/

Can I Refinance for a Lower Interest Rate With an Upside Down ...
The FHA streamline program allows a homeowner with an FHA loan to refinance the current amount of her mortgage at a lower rate without a home appraisal.
http://homeguides.sfgate.com/can-refinance-lower-interest-rate-upside-down-mortgage-8951.html

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What the Fed's “Operation Twist” Means for Mortgage Rates ...
Sep 28, 2011 . How will this affect mortgage rates? . Operation Twist has the Fed trading in short-term government bonds for medium-term bonds and long-term bonds. The program attempts to raise the price and lower the yield on these .
http://www.gobankingrates.com/mortgage-rates/operation-twist/

Obama Mortgage Explained
Who Qualifies for the Obama Mortgage Refinancing Program? . you may be eligible to refinance into lower mortgage rates and stable interest rates if you qualify. . home loans, and is not associated with the federal government or HUD / FHA.
http://www.fha.com/obama_mortgage.cfm

Who will be helped by federal mortgage plan?
The federal government's Hope for Homeowners plan started Oct. 1, and a . to help qualified homeowners avoid foreclosure by giving them lower monthly house payments. . Some will get a combination of reduced rate and loan forgiveness.
http://www.bankrate.com/finance/mortgages/who-will-be-helped-by-federal-mortgage-plan--1.aspx

and their current financial

Trial period is part of modified mortgage
Mortgage modifications may start with a required three-month trial period. . qualify for a lower mortgage payment through the government's program, according to the U.S. Treasury Department. . If your mortgage modification is part of the government's program, then yes, a trial period is required. . Find a Mortgage Rate .
http://www.bankrate.com/finance/mortgages/want-to-modify-mortgage-get-a-trial-run-1.aspx

In Obama's Refinancing Plan, Homeowners to Pay a Premium | Fox ...
Feb 7, 2012 . When President Obama announced his sweeping plan to help more homeowners refinance their mortgages at lower interest rates, he left out .
http://www.foxbusiness.com/politics/2012/02/07/obamas-refinancing-plan-means-fee-for-homeowners/