Tag Archives: instead

Which candidate would have insured the refinancing of mortgages instead of just giving money to JP Morgan.?

Question by : Which candidate would have insured the refinancing of mortgages instead of just giving money to JP Morgan.? I am of course talking about how the government guaranteed the worthless mortgage backed securities of Bear Stearns so that … Continue reading

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Why do people take out a second mortgage instead of refinancing?

by marsmet462 Question by Annie: Why do people take out a second mortgage instead of refinancing? Not more to add for this question. Just curious. Best answer: Answer by mJcUsually because the rates for refinancing are higher than their current … Continue reading

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