White House details mortgage refinancing plan for homeowners
The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.
NEW YORK (Reuters) - Applications for U.S. home mortgages slipped last week, even as interest rates also eased, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 2.9 percent in the week ended Jan 27. The MBA's seasonally adjusted index of ...
President Obama said a new package of legislation would make it easier for millions of homeowners to refinance at today’s historically low interest rates.
President Obama said the new package of legislation would make it easier for millions of homeowners to refinance at today’s historically low interest rates.