Foreclosures
Foreclosure News Items

Foreclosure assistance comes to California

(03/11/2011) Many consumers all over the country are struggling to pay their mortgage bills due to the loss of a steady income, but individuals in some states may be able to qualify for federal programs designed to help them meet their monthly home loan obligations.



California will extend six months of mortgage assistance to about 100,000 state residents, according to a report from Fox News. The program, called Keep Your Home California, will give a maximum of $50,000 to each qualifying home owner, totaling about $2 billion in benefits overall.

However, many government assistance programs are often difficult to qualify for, and troubled homeowners may have an easier time reducing their monthly payments by refinancing their mortgage instead. By searching for the latest online rate tables, consumers can find the best mortgage rates for a new home loan and save hundreds of dollars a month.

"We do think the problem is bigger than a $2 billion problem," Diane Richardson, of the California Housing Finance Agency, told the news agency. "There is no doubt about it. There are a lot of homeowners in California that are in trouble, but we think helping 100,000 homeowners is not an insignificant number."

 

 

Fannie Mae & Jumbo Mortgage Rates

Just One Click! = Current Rate Chart

Pennsylvania Mortgage Rates Current Mortgage Rates - Hawaii Current Mortgage Rates - Alaska West Virginia Mortgage Rates Virginia Mortgage Rates District of Columbia Mortgage Rates Maryland Mortgage Rates Delaware Mortgage Rates New Jersey Mortgage Rates Connecticut Mortgage Rates Rhode Island Mortgage Rates Massachusetts Mortgage Rates New Hampshire Mortgage Rates Vermont Mortgage Rates New Hampshire Mortgage Rates Maine Current Mortgage Rates Vermont Mortgage Rates Current Mortgage Rates - New York Current Mortgage Rates - Michigan Current Interest Rates - Wisconsin Current Mortgage Rates - MINNESOTA Ohio Mortgage Rates Current Mortgage Rates - Kentucky Current Mortgage Rates - Indiana Illinois - Current Mortgage Rates Current Mortgage Rates - Iowa Missouri Mortgage Rates Current Mortgage Rates - North Carolina South Carolina Mortgage Rates Current Mortgage Rates - Florida Current Mortgage Rates - Georgia Current Mortgage Rates - Tennessee Current Mortgage Rates - Alabama Current Mortgage Rates - Mississippi Current Mortgage Rates - Louisiana Current Mortgage Rates - Arkansas Current Mortgage Rates - Oklahoma Current Mortgage Rates - TEXAS Current Mortgage Rates - New Mexico Current Mortgage Rates - Arizona Current Mortgage Rates - Kansas Current Mortgage Rates - Nebraska Current Mortgage Rates - Colorado Current Mortgage Rates - Wyoming South Dakota Mortgage Rates Current Mortgage Rates - North Dakota Current Rates - Montana Idaho Current Rates Washington Mortgage Rates Current Mortgage Rates - Oregon Current Mortgage Rates - Utah Current Mortgage Rates - Nevada Current Mortgage Rates - California

Start by selecting your state

Other related articles:

More than a fifth of Ohio homes are underwater

Foreclosures taking longer to complete

Alabama launches federal foreclosure assistance program

Foreclosures increased in third quarter of 2010

Foreclosures sell at 26 percent discount, comprise 24 percent of all sales

 

 

 

 

 

 


 

 

Personalized Refinance Quotes

 

iPad for Mortgage Rates