Mortgage rates fell abruptly Monday, a day after the federal government announced that it was taking control of home lending giants Fannie Mae and Freddie Mac.
This is a quite useful guide on how to refinance. It explains some important points that one should consider before refinancing. Refinancing doesn't always lead to saving money so one should research before acting.
Now developers are resorting to auctions to unload properties on hand. For the buyers, auctions may be a good way to discover some hidden gems. But make sure do your homework before showing up.