Friday, September 9, 2011

Fact Sheet For The American Jobs Act Includes A Mention of Mortgage ReFi's

President Barack Obama gave a speech tonight designed to rally voters save the economy make it seem like he cares as much about the citizenry as pleasing Big Banks.

Mortgage ReFi's at 4% are included in the plan under "More Money In the Pockets of Every Worker and Family."  The hope is to extend HARP, the Home Affordable Refinance Program, so that more folks qualify.  When costs are outlined on the final page of the fact sheet, however, no $$ is mentioned.

The details of the American Jobs Act may be found here.

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