July 2nd, 2009

Refinancing Mortgages With Falling Home Values And The Revised Obama Plan


Falling home values have sure hurt homeowners. As interest rates have come down, these same homeowners are trying to refinance their loans but are having trouble due to the lower value of their homes. Recent Obama administration proposals are attempting to help homeowners. Before, if your loan was up to 105 percent of the value of your home you could take advantage of the Obama Making Home Affordable program, this past week that amount was raised to 125 percent. We'll see if the continued slide in home prices and the new plan can help homeowners. This entry was posted on Thursday, July 2nd, 2009 at 8:07 pm and is filed under Dubli, Dubli Networking Business, Herbert Brown, Herbert Brown jr, Herbert L Brown Jr, Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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