Sarasota Real Estate Real Estate Blog

U.S. House introduces ‘Responsible Homeowner Refinancing Act’

Good News for Homeowners

Just a few days ago, a bill that was first introduced in the Unites States Senate earlier this spring has a new partner. There is a current bill in the Unites States House that is titled the "Responsible Homeowner Refinancing Act." It is a positive move for America and is being applauded by the National Associated of Realtors.

In order to become a law both the Hose and the Senate must approve it and then of course the bill needs signed by the United States President. Here is what the act does.

Right now mortgage rates are lower than ever. Homeowners who have acted responsibly and would like to take advantage of these low rates but cannot will benefit from this...