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• v  renew the financing of

• The federal housing agencies Fannie Mae and Freddie Mac will refinance loans they hold or guarantee, even if borrowers owe more than their house is worth up to 105% of the value .
• These families are unable to sell their homes, and unable to refinance them.
• People ages 45 to 59 are the most likely to refinance, according to Demos, a nonprofit public-policy organization in New York City.

News & Articles

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• Home Mortgage Refinance Market Affected by President Obama's Plan to Help Home Buyers and Re-financiers
  Rate State shows how home owners are affected from the President’s plan to help responsible homeowners and heal the housing market in their latest news post. (PRWeb June 12, 2013) Read the full story at http://www.prweb.com/releases/mortgage-refinance/rate-state/prweb10825117.htm
  June 12, 2013 - PRWeb
• Refinance program for underwater Multnomah County homeowners to begin taking applications
  The Oregon program will allow about 50 underwater homeowners who haven't missed a mortgage payment to refinance into a 30-year loan with a fixed rate of 5 percent or a 15-year loan with a fixed rate of 4 percent.
  June 11, 2013 - The Oregonian
• Low Rate Home Mortgage Refinance Opportunities Slipping According to Rate State's Latest News Release
  Homeowners may be missing out on the mortgage/refinance of the decade with current market conditions. Leading mortgage refinance company, Rate State, suggests consumers get a loan before rates begin to spike. (PRWeb June 11, 2013) Read the full story at http://www.prweb.com/releases/mortgage-refinance-home/online-quotes/prweb10820318.htm
  June 11, 2013 - PRWeb