needmortgagerefinance.com - Obama has signed off on a new mortgage stimulus plan that should in theory give millions of homeowners the opportunity to refinance their mortgages at a lower rate with options to fix the mortgage at the new lower rate. The 'HOPE for homeowners program' is a program introduced by George Bush which looks at mortgage refinance for lenders that are in difficulty and are struggling to make their repayments but have sufficient income to meet the payments on a new loan insured by HUD's Federal Housing Administration also known as FHA.readmore..
For more information on the various refinancing and loan modifications programs available visit Need Mortgage Refinance.
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