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Refinancing That Makes You Poorer
May 16, 2005 Of every 10 letters I receive asking my opinion of a proposed refinance, I advise 7 or 8 that the refinance would make them poorer. My letters are not from a cross-section of prospective borrowers, so perhaps the comparable figure over the market generally is 3 or ... more... Sample Break-Even Periods Break-Even Periods ( In Months ) Term Left on Current Loan: 310 months Income Tax Bracket: 27.00% Term on New Loan: 30 ... more... |
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section 8 related definitions |
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Section 8 Housing
Section 8 Housing The Section 8 program began during the Great Depression to increase the housing choices available to very low-income households by making privately-owned rental housing affordable to them. It provides rent subsidies, either rental certificates or vouchers, on ... more... Section 8 Homeownership Program Section 8 Homeownership Program - American Dream Commitment Fannie-Mae and Freddie-Mac expand their underwriting requirements necessary for Freddie Mac to purchase mortgages originated under the Section 8 Homeownership Program, and pledge funds in form of Section 8 vouchers, also ... more... |
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More about section 8
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