If you’ve found yourself unable to afford your mortgage payments, you’re not alone. In the real estate world, many people refer to this as an underwater mortgage. So what does that all-too-common ...
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How to refinance an underwater mortgage
Refinancing an underwater mortgage can be difficult, but not impossible. It’s easier if you have a government-backed loan such as an FHA, VA or USDA loan. It doesn’t always make sense to refinance out ...
When you owe more on your mortgage than your house is worth, the loan is referred to as 'underwater,' or in a state of negative equity. Having an underwater mortgage makes it harder to sell the home ...
A new assessment paints a troubling picture of Louisiana’s housing market, showing a significant number of homeowners owe ...
It's not the end of the world if your application to refinance gets rejected, but here's how to overcome it and either try ...
Here are the average annual percentage rates (APR) on 30- and 15-year fixed mortgage refinances and 5/1 ARM refinances: Today’s Mortgage Refinance Rates The average APR for a 30-year fixed refinance ...
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