January 2010

There are 1 blog entries for January 2010.

Don't Miss Out on Refinancing!

Thursday, January 7th, 2010 at 2:35pm. 114 Views, 1 Comments.

The Obama administration has been working to develop a comprehensive plan to stabilize our economy and help fix the problems at the heart of our slump. One of the most important programs is the Making Homes Affordable program, which is meant to help 7 to 9 million Americans have an easier time affording their homes.

One aspect of the program allows 4 to 5 million homeowners with loans owned or guaranteed by Freddie Mac or Fannie Mae the opportunity to refinance those loans into something more affordable. The other part of the program commits $75 billion to help 3 to 4 million people avoid preventable foreclosures.

Have you tried to look into it? No? Well you're not alone. According some some estimates, less than 90,000 people have actually applied for…

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