Obama Housing Stimulus Plan
Posted on June 27, 2009
Filed Under Mortgage Rates |
Obama announced his action plan to revive the housing industry. The focus is to ist current home owners with there current mortgage, whether it is a refinance or loan modification. Also additional money will be used to purchase mortgage back securities to maintain Mortgage Rates in there current position. The plan has a deadline of March 4 but details still have not been announced.
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