Tip - New Rules of Refinancing Your Home

With the 30-year fixed mortgage rate flirting with 3%, a lot of homeowners should be able to cut their mortgage payments by hundreds of dollars a month. But despite an uptick in refinancings in 2012, the number is lower than in past booms, according to CoreLogic, a mortgage data firm.
Tags: refinancing a house, Fannie Mae, Freddie Mac, Federal Housing Administration, Pat Mertz Esswein, HARP, Jim Roscoe, FHA Streamline refinance, PMI, CredAbility.org