Posts Tagged 'home forclosure'

False Hope for Struggling Montana Homeowners

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Some struggling homeowners are getting stuck with relatively high interest rates even after they participate in the government’s HARP program to help them refinance their mortgages. According to an article in ProPublica, the biggest banks are not lowering rates as much as they should be.

HARP, the Home Affordable Refinancing Program, allows underwater homeowners with loans backed by Fannie Mae and Freddie Mac to refinance. A report by Amherst ...

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