Borrowers who are current on their home loans may be able to refinance for lower interest rates, even if they are seriously upside down. The Federal Housing Finance Agency (FHFA) announced today that it will broaden the scope of the Home Affordable Refinance Program (HARP) by removing the current 125 percent loan-to-value cap for fixed-rate…

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If you’re not sure click here to find out. http://www.makinghomeaffordable.gov/get-assistance/loan-look-up/Pages/default.aspx.

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