Last week the Bush Administration negotiated a voluntary agreement with lenders to freeze the rates on certain subprime home mortgage loans. The Wall Street Journal has an interactive graph which helps you navigate the rules to determine if you qualify for the rate freeze (hat tip: Rhonda Porter).
Also, if you qualify for the program I’ve laid out five things you must do to take advantage of this new reality.
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on Dec 25th, 2007 at 12:06 pm
While the WSJ graph is helpful we created an even simplier wizard to help you figure outwhat mortgage rescue program you qualify for by just answering a few simple questions about your mortgage. It also checks for qualifying factors for the HOPE NOW, FHASecure and other programs.