Posts Tagged ‘HARP’
Haven’t Refinanced Yet? You’re Not Alone.
According to Steve Deggendorf, a director in Fannie Mae’s economic and strategic research, between 40%-50% of Americans with a mortgage have never refinanced and have an average mortgage rate around 6%. Since there are roughly 50 million mortgages outstanding, that means 20 million-plus households could potentially refinance. Fannie Mae’s national housing survey lists the top…Read Full Article