Click to Print
. . . . . . .
Friday, January 3,2014

A true middle-class stimulus package

There has never been a better time to refinance your home. That’s because of a little-known government program called the Home Affordable Refinance Plan (HARP). This allows Americans to refinance their homes at shockingly low rates, and reduce their payments by as much as $4,905 a year.

Here’s the catch – like most government programs, this is likely temporary. The good news is, once you’re in, you’re in. If the thought of a lower payment, fewer years on your mortgage, and even taking some cash equity out of the deal is appealing, the time to act is right now.

This is unknown to many, but the Home Affordable Program is for the middle class. If your mortgage is $625,000 or less, you most likely qualify. The Government wants banks to cut your rates, which puts more money in your pocket (which is good for the economy). However, the banks aren’t too happy about this – here’s why:

1) You can shop several lenders, not just your current mortgage holder 2) Your home’s Loan-to-value (LTV) can be 80% to 125% You think banks like the above?

They do not. They’d rather keep you at the higher rate you financed years ago. That’s why these loans are only available for a limited time. The Middle Class seems to miss out on everything. Thus, it’s almost a no-brainer to jump on this now. You should act fast to refinance your house at these near historic low refinance rates. If your mortgage rate is currently higher than 3.11%, you can greatly benefit: • Average savings could be $275/mo. • Many homeowners not only save every month, but depending on their current rates, can also shorten their term.

• Get cash now because rates are so low; many homeowners opt to take a little cash equity for home improvements, or a boost to the savings account.

RateMarketplace, one of the country’s largest and most respected refinance comparison websites, is one of the few companies with HARP lenders on its network, and is currently assisting homeowners to obtain information regarding superb mortgage rates.

There’s no obligation their service is fast & easy. It takes about five minutes, and the service is 100% free. You have nothing to lose.


  • Currently 3.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5