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WASHINGTON – Republicans pushed a bill through the House on Thursday killing assistance for people who want to refinance homes that are worth less than they paid for them. The mostly party-line vote, 256-171, came despite a White House veto threat against the measure. The bill killing the Federal Housing Administration Refinance Program stands scant [...]

 simple guide from financial experts, you should not refinance your house unless the market rates are approximately two percent below your original mortgage lock in rate. But, there are many re-financiers take advantage of one and a half or even one and a quarter percent differences in the refinancing rate. It may be worth if [...]

Making the payments on a monthly mortgage is a significant financial burden, especially when dealing with a mortgage that has an interest rate which increases over time. As a result, many families are currently on the brink of foreclosure, as the mortgages issued during the “housing bubble” are adjusting to reflect the state of the [...]