Hopefully by now all of you are updated on the Obama’s newest bailout plan for homeowners underwater because of their bank loan. Some home owners have also been put into an interesting position because of the consistently dropping home prices. This could be the right time to refinance! I read an article this morning in CNN Money and it shed some light on the subject. The article is titled “Underwater owners get promise of help” and was written by Ryan Derousseau.
These banks have decided to help those home owners … (2 comments)
Banks' New Plan for Relief
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