On, Monday, the Obama administration announced the implementation of far'reaching changes to boost the economy by allowing underwater homeowners to refinance their proeprties at today´s low interest.
There are certain requirements despite eliminating many road blocks. Press the link below to learn more about the HARP which was enacted in 2009 but so far only reached one tenth of the 5 million borrowers it was designed to help.
Home Affordable Refinance Program. WP Oct. 24th