Question by : Why does Obama think refinancing mortgages will boost the economy?
Homeowners will refinance at a higher rate and extend payments. Whats this clown thinking?
Answer by Texas kitty
We refinanced to get a lower interest rate, thus giving us more money available. That’s why we refinance or anyone would refinance. It has nothing to do with President Obama. I have no idea what you are talking about and I don’t think you know either.
What do you think? Answer below!