Obama to detail broader housing refinance plan

Discussion in 'World Events' started by By JIM KUHNHENN, Feb 1, 2012.

  1. WASHINGTON (AP) -- The Obama administration is trying to fix a stubborn drag on the economy by allowing all homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth, tackling a difficult issue of vital concern in states key to President Barack Obama's re-election....

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