Since the government altered the federal Home Affordable Refinance Program to reach more borrowers, Bank of America, JPMorgan Chase and Wells Fargo have added staff to handle increasing demand. The Mortgage Bankers Association reports a surge in HARP loans to more than 20 percent of refinance applications during the week ended Feb. 24 from 10 percent the previous month. An estimated 1.6 million HARP refis will be completed through the end of next year, predicts Moody’s Analytics, with borrowers achieving monthly savings of $250 on average. | Read More
Recent Posts
- DMTV Milkshake: kinder MODERN Founder Lora Appleton on the Secret To Designing for Kids
- Flote + Opus Give a Modern Edge to Group Seating
- Experience Life in London Colorfully via Shanghai
- Vipp Goes Outdoors With the New Open-Air Collection
- At the Crossroads: A Dire Yet Encouraging Climate Report From the United Nations
Archives
Categories
- Decor (2,023)
- Energy Saving Tips (15)
- Green Design (22)
- Greening Tips (1,107)
- Home Improvement (1,674)
- Home Remodeling (16)
- Home Security (10)
- Homeowners News (1,265)
- Homeowners News;Top Story (3)
- Housing and Mortgage Trends (713)
- Insurance (1)
- Maintenance and Repair (10)
- Safety (4)
- Smart Home Tech (1,161)
- Top Story (106)