Obama Says 9 Million Americans Can Reduce Mortgage Payments
WASHINGTON — President Barack Obama said Thursday that up to 9 million Americans can reduce their mortgage payments by refinancing using government programs. Speaking at the beginning of a White House roundtable about housing finance, Obama said mortgage rates are at historic lows and a typical homeowner can now save about $2,000 a year by refinancing. “The programs that have been put in place can help responsible folks,” Obama said.
Copyright © 2009 MarketWatch, Inc.
1 comment
ESTATE 