I hear the government is going to start helping people refinance their homes at lower rates who are in distress. Did that take in effect yet? I hear news saying that the rates are low and everyone is refinancing. My uncle who I live with is waiting for the government to help with the refinancing to get our morgage bill down to pay simpler but he thinks it will be an involuntary thing if it goes through to help those on repayment programs. If it is in effect already, which mortgage lenders are being helped by the feds?
Im just really baffled lol.