Mortgage Refinancing Questions Links

Obama Outlines Mortgage Refinancing Plan

President Obama is trying again to revive the nation's housing market. Past efforts have come up short, and this one faces long odds in Congress. But yesterday, he outlined a proposal to help borrowers who are current on mortgages refinance at a lower interest rate. The program would extend to those who owe more than their homes are worth.

Obama Outlines Fresh Mortgage Refinancing Plan

President Obama is trying again to revive the nation's housing market. Past efforts have come up short, and this one faces long odds in Congress. On Wednesday, he outlined a program designed to make it easier for homeowners to refinance into cheaper mortgages.

Obama Takes Aim at Mortgage Refinancing Bottleneck

Obama's new plan would also cover loans issued by private mortgage lenders.

Rental income may not help refinancers qualify for mortgage

The common myth among refinancing homeowners is that the mortgage industry will count the rental income they are receiving from their homes.

Will Obama's new mortgage plan make a difference?

Board-certified real estate attorney Gary M. Singer answers housing questions in this space each Friday. To ask him a question about short sales, mortgages, refinancing, homeowner's associations or any other residential real estate topic, click here.