USA.gov Blog

Question…

Asked by Anonymous

what is the name of the new program Pres. Obama put into effect a few days ago for refinacing a mortage

The Making Home Affordable Program can help homeowners lower their monthly mortgage payments and get a more stable loan at today’s low rates. If owning a home is no longer affordable or desirable, the program offers homeowners a way out in order to avoid foreclosure. There are also options for unemployed homeowners and homeowners who owe more than their homes are worth.

Learn more at MakingHomeAffordable.gov. You can also call 888-995-HOPE (Hearing impaired: 877-304-9709 TTY).

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