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Obamas Making Home Affordable Plan allows 4% Mortgage Refinance …

Written by on April 2nd, 2009

Recently Obama announced his “Making Home Affordable” plan which will allow millions of homeowners the chance to refinance or modify their mortgage into a new 4.5% fixed rate loan. The Government has set aside 75 billion to help … Ideally , the federal government wants rates to be a fixed 4% or so for everyone, even new home buyers. This helps many homeowners who have seen their property values drop in during this mortgage crisis. However, to qualify for these plans, …

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Obamas “Making Home Affordable Plan” allows 4% Mortgage Refinance …

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