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Obama Urges Americans to Refinance

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Real Estate Agent with Ruspini Realty,llc

Obama Urges Americans to Refinance
President Obama urged Americans to take advance of the administration's new program, which allows homeowners whose loans are underwater to refinance.

Obama, who spoke Thursday at a White House event, pointed to historically low interest rates and estimated that if 7 million to 9 million homeowners refinance, they will save $1,600 to $2,000 a year.

"That is money in their pocket," Obama said. "We are at a time where people can really take advantage of this, and what we want to do is to send a message that if you are having problems with your mortgage - and even if you're not, and you just want to save some money - you can go to   http://www.makinghomeaffordable.gov/ Please share this website with your friends and family.   Don't forget to have your friends and family visit my website http://www.ruspinirealty.com

 

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