Home mortgage rates and real estate news - CNNMoney.com

Wednesday, February 18, 2009

Housing Bubble Help - Part 2

CNN reported today that there will finally be help for many people affected by the housing bubble burst that have continued to make timely mortgage payments. Finally!

Struggling homeowners that have been scraping to pay their mortgages may finally get some relief. There is a lot of speculation about how many people will be eligible (I have heard from 4 million up to 9 million), but official guidelines for who will qualify won't come out until March 4th. I'll keep you posted.

-Ken

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For help with mortgage loan modification, visit http://www.lowratesearch.com/loan_modification.htm

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