Merkley Introduces Bills to Help Middle Class Families with New Home Refinancing Options
WASHINGTON, DC – July 25, 2013 – (RealEstateRama) — Today, Oregon’s Senator Jeff Merkley introduced the Rebuilding American Homeownership Act to help middle class families by providing new refinancing options for homeowners. The bill would allow underwater homeowners who currently have no option to refinance to lock into a lower interest rate and reduce their monthly payments, putting more cash back in their pockets and increasing their chances of staying in their homes