Mortgage Refinancing is a financial transaction in which a debtor can replace an existing residency debt obligation with another debt obligation under different terms. Residency debt obligation in this context refers to your initial mortgage loan. Some of the major reasons people refinance their mortgages are: To take advantage of a better interest rate. To consolidate other debts into one... Read more »
Before we click glasses in toast to affordable housing and a Fannie Mae-styled mortgage sector, I think Nigeria’s Minister of Finance and coordinating Minister of the economy, Dr. Ngozi Okonjo-Iweala deserves a special mention. She’s such an incurable optimist who exudes a contagious confidence in the plausibility of a healthy mortgage sector; and what it means to the economy. As... Read more »
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