Yesterday, President Obama announced a new website: Making Home Affordable.GOV. It’s part of the overall Financial Stability Plan. It’s designed to help “stabilize our housing market and help up to 7 to 9 million Americans reduce their monthly mortgage payments to more affordable levels”.
If you live here in the United States and you have a mortgage on your home, you may want to swing by and answer a series of questions on the website to see if you are eligible to refinance or possibly modify your mortgage loan.
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