Tag Archives: HARP 2.0
Check Your Potential Eligibility for HARP 2.0 Refinance
Many folks call to ask what is a HARP 2 0 all about The Answer: The Home Affordable Refinance Program (HARP) is a program designed to assist homeowners in refinancing their mortgages – even if they owe more than the home’s current value Our term for this is called "underwater "   Read more [...]
Mortgage interest rates are still low!
Delaware mortgage rates have improved since the Federal Reserve started its QE3 program by pumping in an additional $40 billion to boost the housing market.  This should keep rates low for a while, so the sooner you get refinanced, the sooner you will start saving money monthly and increasing your Read more [...]
Delaware Home Owners Using HARP 2.0 for Refinances
Did you know that In July 2012, that over 28% of all closed mortgage refinances in Delaware were done through the HARP 2.0 program.  The HARP 2.0 program has gotten a lot of press alerting more and more Delaware homeowners that they can may qualify for the HARP 2.0 refinance, if their mortgage is Read more [...]
Why aren’t more Delaware homeowners refinancing?
It turns out that many folks who purchased prior to 2008 and even into 2010, may find they are underwater, (underwater is owing more on your mortgage than your home is worth).  Still some homeowners may have run up credit card debt and in some cases unfortunately lost their jobs, making it impossible Read more [...]
Homeowners in Delaware get fired up about refinancing!
As mortgage rates have tumbled to all-time lows, the demand for refinancing has fired up homeowners in Delaware. And it's not just those Delaware homeowners who have underwater mortgages. With rates for 30-year mortgages at an all time low, many Delaware homeowners are trying to get their monthly mortgages Read more [...]
Are you among Delawareans whose mortage rate is 5% or higher?
  A most recent article in the LA Times says that nearly 2/3 of all homeowners currently have mortgage rates that are 5% or higher   What is your current mortgage interest rate? Almost 69% of homeowners today have mortgages exceeding 5%, and more astounding isthat  roughly 1/3 or Read more [...]
HARP 2.0 Program – Helping Underwater Homeowners
In today's housing market some homeowner's are underwater in their mortgages and are frustrated, with no place to turn   Now things are changing   New financial tools and calculators will give lenders like Delaware Financial Capital Corp the opportunity to help homeowners who owe more Read more [...]
HARP 2.0- Refinancing Boom Continue Record Pace
Fixed mortgage rates have hit new lows for three straight weeks, fueling a sustainable refinancing wave. The Home Affordable Refinance Program, now dubbed HARP 2.0, has drawn half a million applications as of the last report by U.S. housing officials, who could see up to 2 million refinance applications Read more [...]