Obama’s new homeowner plan?
I heard about Obama’s homeowner affordability and stability plan and I was wondering if it is offered to everyone? The plan supposedly offers homeowners the chance to lower their interest rates to 2%. My sister in law says that it’s offered for everyone but I read on the Wells Fargo web site it’s for currently delinquent or struggling to keep current homeowners. Does anyone know the details of this or have more information you could share? and if it’s not offered to everyone what makes them think people won’t fall behind on purpose to get that interest rate?
Well I am already a homeowner and have been since I was 21. We pay our mortgage on time every month and have never been behind but would love a break too.
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Tags: affordability, fargo web, interest rate, interest rates, mortgage, sister in law, wells fargo
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