Mortgage Refinancing to Avoid Foreclosure

Hundreds of thousands of home owners are in a terrible situation in that they have no way to refinance their homes into a better interest rate, since, they do not have enough equity in their homes. Property values have plummeted in the last several years due to the credit crisis and housing down turn. Solving this refinancing problem is only days away, if a new Federal Housing Administration loan program works. The program is expected to help over 400,000 households from foreclosure. The new… More information...

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