I get asked several times a day about the real estate industry: Are things getting better? Are property values...
The Federal Housing Finance Agency announces changes to Help Home Owners in refinancing mortgages.
The Federal Housing Finance Agency, with Fannie Mae and Freddie Mac, has announced a series of changes to the Home Affordable Refinance Program (HARP) in an effort to attract more eligible borrowers who can benefit from refinancing their home mortgage. The program enhancements were developed at FHFA’s direction with input from lenders, mortgage insurers and other industry participants.
“We know that there are many homeowners who are eligible to refinance under HARP and those are the borrowers we want to reach,” says FHFA Acting Director Edward J. DeMarco. We have identified several changes that will make the program accessible to more borrowers with mortgages owned or guaranteed by the Enterprises. ”
HARP is unique in that it is the only refinance program that enables borrowers who owe more than their home is worth to take advantage of low interest rates and other refinancing benefits.
To get the Program Details & to read the complete RISMedia article... CLICK HERE.
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About Mike Jurca
Visit my website or
Email me at: mjurca@remax.com
I have been a full time Realtor since 1997. I have lived in this area all of my life and specialize in Livingston County, southern Genesee County and western Oakland County. My ambitions lie in establishing long-time, satisfying relationships with my clients. I take extreme pride in my work. I will always do everything in my power to make sure our transactions go smoothly from beginning to end. My professionalism, use of technology, attention to detail and experience produce results. I wish for our association to be a business relationship built on trust, outstanding service and support enabling my clients to make sound, timely and secure real estate decisions for themselves and their families.
I am also certified to assist clients with these special needs:
1. A Senior’s Real Estate Specialist (SRES) for the +50-year-olds.
2. A Short Sale & Foreclosure Resource (SFR) for those wanting to explore alternatives to foreclosure.
On a personal level, my interests lie in computers, reading books, cooking, finding ways to attain good health & wellness, living “Green” and conservatism. I have (1) great wife, (2) children & (4) great grandkids, one of whom we have the pleasure of raising. He keeps us young…☺
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