Mortgage Reduction..Is there a federal program out there?

[cybilx10]

First, if this isnt in the right place, Im sorry.. just trying to get a wide variety of info.


Is there any type of federal program out there right now for lowering your mortgage since rates have went down so far and home prices have went down?

I keep seeing things allover the internet about some program Obama put into place to help those who are stuck in high interest mortgages, but I dont know if it is legit.

Any help would be appreciated!!!

[gcooper]

Check with your mortgage company first and see what they have to offer for you.

[Weinergirl]

We were able to refinance our mortgage earlier this year through a program called HARP. It is for people who want to refinance but can't because their home has dropped in value. I'm pretty sure this is the website: Making Homes Affordable: FAQs