the WHITE HOUSEPresident Barack Obama

Search form

Weekly Address: Congress Should Join the President to Help Responsible Homeowners

Summary: 
President Obama urges Congress to act to build on the momentum we are seeing in the housing market by helping responsible homeowners refinance, saving $3000 a year.

President Obama urges Congress to act to build on the momentum we are seeing in the housing market by helping responsible homeowners refinance, saving $3000 a year. Construction workers are building new homes at the fastest pace in more than four years, home values are rising, and foreclosure filings are at the lowest point since the housing bubble burst five years ago. The steps that the President has already taken have given hundreds of thousands of Americans with high-interest loans the chance to take advantage of the low rates, and the President is calling on Congress to act to help millions more.

Transcript | Download mp4 | Download mp3


Learn more about President Obama's plan to help responsible homeowners refinance their mortgages