Obama’s Housing Plan 2009 Generating Some Interesting Q&As

By: Diane Tuman, Zillow Content Manager | March 5, 2009

On the heels of the announcement of President Barack Obama’s Home Affordable Refinance Program and loan modification program, we’re seeing some interesting discussions.

Take a look at some interesting questions in Zillow Advice

Q. Do any of the Obama programs help people without a freddie mac or fannie mac mortgage?

Q. Will Obama mortgage plan drive down refinance rates for responsible borrowers too, not just others?

Q. Guidance from the Government: “Making Home Affordable Refinance and Modification Options”

Q. How does the Obama Plan help mortgage brokers? We can’t seem to be able to do these loans

Q. Obama has provided Fannie Mae & Freddie Mac funds to refi up to 105% ltv. How do I find a broker???

Q. What benefit is refinancing under the stimulus plan?

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Comments

1 Comment so far

  1. Arlington VA Homes on April 26, 2009 7:52 pm

    It may be generating interest, but I do not think it is generating closed sales.

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