 Voice of America |
Obama Says Timing Right for Millions to Refinance
ABC News By BEN FELLER and ALAN ZIBEL AP Writers AP Declaring "good news" in the midst of an economic meltdown, President Barack Obama on Thursday urged families to take advantage of near-record low mortgage rates by refinancing their home loans. Obama makes pitch for low mortgage rates San Francisco Chronicle  Comment by Steve Milloy Publisher, JunkScience.comWall Street Journal - Reuters - Chicago Tribune all 2,008 news articles |
From new york jets - Google News. Please read the complete article and let us know what you think below.
I think Obama has oversimplified the question of re-financing. You see, for many individual situation it is not wise. For example, if your credit situation has decreased, then modifying your terms may be worse for you. So think carefully before you jump on the bandwagon. Make sure you review this checklist:
http://tinyurl.com/refinanceobama