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President Obama Touts Home Refinancing Posted By : Jill Kipnis · The Foreclosure Compendium

President Obama Touts Home Refinancing Posted By : Jill Kipnis

After a meeting with homeowners this morning, President Barack Obama encouraged Americans to refinance their mortgages, stating that historically low interest rates could help save families about $1,600 a year. Between 7 million and 9 million homeowners might qualify to refinance, President Obama added.

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