Obama rolls out broader home refinancing plan
Falls Church, Va. — Conceding his earlier housing programs have fallen short, President Barack Obama on Wednesday proposed a vast expansion of government assistance to homeowners, aiming to make lower lending rates a possibility for millions of borrowers who have not been able to get out from under burdensome mortgages.
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Obama proposes home loan refinancing plan
Obama proposes home loan refinancing plan
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Obama unveils home refinancing plan
FALLS CHURCH, Va.
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Obama proposes new home loan refinancing plan
The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today's historically-low rates.
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Obama details home refinancing plan
FALLS CHURCH, Va. (AP) — President Barack Obama called on Congress Wednesday to make it easier for millions of additional homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth. He conceded that his administration's housing plans so far have not lived up to their promise. read more
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