Donald Trump's Brilliant Advice for Homeowners

When Donald Trump speaks, people listen, and what The Donald has to say about mortgage interest rates could help you save a considerable amount of money.

Recently, Trump made claims that the Federal Reserve is keeping interest rates artificially low for political reason and he offered smart homeowners a roadmap for how they can take advantage of historically low-interest rates. Speaking on Bloomberg TV's "With All Due Respect," Trump said that as a property developer he has "always loved" low-interest rates because they allow his businesses to borrow money cheaply and bring down the interest payments on mortgages on his properties.

But, Trump knows that these low rates can’t last forever. "I'm just saying at some point, you have to raise interest rates," claims Trump. The secret is to lock in your low rate now, before rates go up."

Think Like Trump

So how can you "Think like Trump" and take advantage of these low rates? One of the best ways to check if you can refinance your loan with the HARP² refinance program. Visitors that check LowRatesShop.com can often be shocked at how much they can save on their mortgage.

What is HARP?

HARP is a special government program designed to help middle class homeowners like you take advantage of today’s rock-bottom rates, even if you are underwater on your loan. If your mortgage balance is less than $625,000 and you’ve continued to make your payments on time, you have a good chance of being eligible to reduce your monthly payment.

URGENT: Close to a million homeowners could still benefit today, but sadly, many perceive HARP to be too good to be true. Remember, HARP is a free government program and there’s absolutely NO COST to see if you qualify. See If You Qualify >>

How To Get Started?

The best way to find the lowest rates is through a free website that compares available mortgage rates for consumers, and allows you to choose the best one. Sites such as LowRatesShop.com offer consumers access to dozens of HARP lenders on its network. And if it turns out that you aren’t matched with a HARP lender, the site can connect you with a mortgage broker, attorney, or other service provider who may be able to assist you with your mortgage situation.

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See Your Low Rates »

Comments (6)

Susan D. wrote:

Never heard of HARP before, thanks for the information. I went through your form and worked with a really helpful lender to refinance my mortgage. My payments are actually manageable now!

Paul C. wrote:

Didn't qualify for HARP when I first applied. I reapplied a couple months ago after hearing the guidelines were 'laxed, and I was eligible! Happy to be putting the extra money we're saving into my kid's college fund.

Kevin L. wrote:

I Paid Off My Mortgage In Half The Time With This Ridiculously Easy Trick! Great Thing Is You Can Just Check if You Qualify For Free. Just Go Here

Richard B. wrote:

is this a scam?

Daryl J. wrote:

@Richard - I thought it was a scam too at first, because it' just seemed to be too good to be true. But I filled the form out anyway and refinanced through the harp program. It was really easy actually and I'm not paying an arm and a leg anymore.

Anonymous wrote:

great article

¹ Our lawyers made us research this very carefully! Here are all the supporting details: President's Video; FHFA Press Release ; Fannie Mae Research: Over $100,000 savings estimate is based on $82 a week over a 30 yr loan from June 2007.

The financial information in this advertorial has been researched very carefully! Here are all the supporting details: President's Video; FHFA Press Release ; Fannie Mae Research: Over $100,000 savings estimate is based on $82 a week over a 30 yr loan from June 2007.

*ImproveMortgage.com is the author of this article.

*In addition to other qualifications, the HARP program requires (1) a good repayment history (i.e. no late payments in the previous six months, and no more than one in the last year), (2) you must have taken out the mortgage loan before June 1, 2009, and (3) your loan must be owned by Fannie Mae or Freddie Mac, the two government-sponsored mortgage finance companies.

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Mortgage Lenders are constantly changing their policies in your state to meet demand and manage risk. Affiliated comparison sites can give you access to today’s most competitive rates in your state. Example savings illustrated above is for demonstration purposes only and results will vary based on your individual qualifications which may be associated with your home's loan-to-value, home type, city and state where the home is located as well as other factors including but not limited to credit scores, employment history, residency type and other factors.

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