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White House details mortgage refinancing plan for homeowners

The White House hopes to help millions of homeowners lower their monthly mortgage bill with a $5 billion to $10 billion plan to set up a streamlined refinancing program for people who are current on their payments.

Mortgage Plan Aims at Refinancing

President Obama said the new package of legislation would make it easier for millions of homeowners to refinance at today’s historically low interest rates.

Mortgage rates trigger surge in buying, refinancing

Some sectors of the economy may still be sluggish, but the housing market in Lawrence County isn’t one of them. Mortgage loans, both for refinancing and home purchases, are up significantly in the last several months in the county, according to local banks and real estate agents.

Obama Said to Plan Assistance for Home Mortgage Refinancing

President Barack Obama will announce a package of proposals to jolt the housing market out of its doldrums, including an effort to help more borrowers take advantage of historically low mortgage interest rates, an administration official said today.

Mortgage Relief Plan Aims at Refinancing

President Obama said a new package of legislation would make it easier for millions of homeowners to refinance at today’s historically low interest rates.