Helping underwater borrowers refinance (St. Louis Post-Dispatch)

August 31st, 2009 | Category: Home Equity

More info…
Missouri officials are launching a new program to help borrowers refinance their mortgage, in the hopes of stemming foreclosures. The Missouri Housing Development Corp. said today that is offering up to $13,000 to qualified borrowers who are trying to refinance and lower their monthly payments.


Q+A with Susan Tompor (Detroit Free Press)

QUESTION: My house is paid in full, but I have a closed-end home equity loan that I took out in 2007 for $73,500 at 6.75%.

Mortgage Refinancingclosing cost on home equity line of credit

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