MortgageRefinancing

By any measure, the so-called Home Affordable Refinance Program has been a dismal flop, with only an estimated 200,000 or so distressed homeowners managing to get a permanent mortgage loan modification from their lenders. Not anywhere near the roughly 5 million homeowners the Obama administration...

We keep hearing about all those homeowners who want to get their mortgages refinanced but can't, but we seldom hear much about the wisdom of whether or not you should seek to refinance in the first place. It is not always as cut and dry as it might seem. With that in mind, and courtesy of the Salt...