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Obama Unveils Mortgage Refinancing Plan

President obama on wednesday urged congress to make it easier for homeowners to refinance their mortgages at lower interest rates even if they owe more than the value of their home.

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Mortgagehelplosangeles.com if the market value of your home is currently less than you owe your bank, and if you are current in your payments and your credit is still in good shape, you may qualify for a new mortgage refinance approach that will reduce your principle to 90% of the current market val...

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Will Obama's Mortgage Refinance Plan Help You?

Dean baker of the center for economic and policy research sits down with cbsnews.com deputy politics editor corbett b. daly to discuss the ins and outs of president obama's latest attempt to help struggling homeowners get a lower payment on their mortgage. will it help?

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