Will the Obama Refi Program Have Much Impact?

A revised plan to help underwater borrowers refinance into historically low interest rates is likely to boost competition among mortgage lenders and roughly double the number of people already helped by the government program, according to analysts and industry representatives.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_461/obama-refi-program-impact-1027136-1.html

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