Infographic: How Refinancing Can Help Families

Ed. Note: This post was originally published on Treasury Notes.

Today, millions of Americans who are current on their mortgage payments cannot refinance at historically-low interest rates. The President is proposing legislation that would allow more homeowners to refinance. Under the President’s plan, they would have two refinancing options.

Check out what those options are in this infographic (click here or on the image below to see the full infographic):

Jenni LeCompte is Assistant Secretary of Public Affairs at the Treasury Department.
Related Topics: Economy, Housing, ToDo List