Obama to Consider Refinance Plan for Mortgages

The beleaguered Barack Obama government are considering to back a refinance plan for US home mortgages.

Obama to Consider Refinance Plan for Mortgages
Obama to Consider Refinance Plan for Mortgages

Official clips – quote – One proposal would allow millions of homeowners with government-backed mortgages to refinance them at today’s lower interest rates, about 4 percent. – more – Administration officials said on Wednesday that they were weighing a range of proposals, including changes to its previous refinancing programs to increase the number of homeowners taking part. They are also working on a home rental program that would try to shore up housing prices by preventing hundreds of thousands of foreclosed homes from flooding the market.

‘Nothing else has worked for the Democrat Government, so why will this deal work!’

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