Refinancing: Helping Responsible Homeowners Save Money
Published: April 25, 2012Download the complete testimony
Date Filed: April 25, 2012
Interest rates are at historic lows, but many homeowners who could benefit from these low rates have not refinanced their higher-rate mortgage. In this testimony, CRL President Michael Calhoun recommends expanding the Home Affordable Refinance Program (HARP) to prevent unnecessary foreclosures and boost economic recovery.