The last several years have really changed the mortgage industry. Housing prices have come down in most areas of the country as have mortgage rates. It is clearly one of the best times in decades to either buy a home or refinance your current mortgage.
The government has passed several programs that allow for tax credits, allow homeowners a chance to refinance before the foreclose or lose their home. Many of these are intended to assist with the distressed market.
Please let us know if you have any questions about the many programs that are available to you.
