Klient Banku » Financial Hardship http://www.klientbanku.swinoujscie.pl Sun, 09 May 2010 07:05:04 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Can banks adjust your interest rate on a home loan without actually going thru the whole refinance process? http://www.klientbanku.swinoujscie.pl/2010/03/can-banks-adjust-your-interest-rate-on-a-home-loan-without-actually-going-thru-the-whole-refinance-process/ http://www.klientbanku.swinoujscie.pl/2010/03/can-banks-adjust-your-interest-rate-on-a-home-loan-without-actually-going-thru-the-whole-refinance-process/#comments Wed, 03 Mar 2010 02:15:27 +0000 Banking http://www.klientbanku.swinoujscie.pl/2010/03/can-banks-adjust-your-interest-rate-on-a-home-loan-without-actually-going-thru-the-whole-refinance-process/

In terms of today’s economy and given all the programs to help people keep their homes, I heard from someone that some banks are just modifying loans with high interest rates, by lowering them to 4 or 5%. Is this true? Is there a program like this avaliable?
This is in the case that someone is near or in foreclosure because of some financial hardship.Submited by:Chad G
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