US Housing Relief Announced by Obama

New Housing Refinancing Program will Help Avoid More Foreclosures

The continued problem for the US economy and housing market posed by foreclosures is being dealt with by the Obama administration with the announcement of the revised Home Affordable Refinance Program. This program revision helps homeowners refinance at lower mortgage rates. Many homeowners were stuck with very high interest rates and couldn’t renegotiate them. Great for the banks but not good for homeowners who have found themselves owing a lot more on their mortgage than their homes were worth.

Affordable Housing Program 2011

The Affordable Housing Program will make it easier for homeowners to stay in their homes by ensuring that creditworthy owners can get loans without being penalized for declining property values.

Find out more about the US housing outlook including the San Diego housing outlook.

Read up on how Chinese buyers and real estate investors are changing the Vancouver Real Estate Market.

Realtors, see which realtor apps you should have, why real estate videos can help you generate more real estate leads and build your brand image. What real estate marketing channels will you use in 2012?


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s