Commuter Services and the AFL-CIO are sponsoring a Homebuying and Refinancing Fair for union members on Thursday, June 24, 11 a.m.-2 p.m. in the Resource Room, next to the main entrance of the Student Union.
All union members, including those represented by the Massachusetts Teachers Association as well as AFL-CIO-affiliated unions, and from surrounding communities, are eligible to participate.
A major theme of the fair will be programs and benefits for refinancing existing homes as well as homebuying. Refinancing existing mortgages at current low interest rates could save members hundreds of dollars a year, and thousands over the life of the loan.
Real estate agents and counselors from Countrywide Home Loans will be there to explain homebuying and refinancing programs available to union members through the AFL-CIO’s “HIT HOME” program, advise members on their individual situations, and even run credit checks at the event.
Exclusive HIT HOME benefits include reduced closing costs on purchase and refinance loans; working family mortgagees, which include low-interest and flexible-payment schedule loans; free education and information, including bilingual services; low- and nothing-down payment programs; and flexible electronic payments arrangements.
For further information, call Commuter Services at 5-0865 or go to the HIT HOME website (see link below.