Making Homes Affordable Act Helps Homeowners Refinance at Low Rates

Over 4 million American homeowners with Fannie Mae and Freddie Mac loans have taken advantage of historically low interest rates thanks to the refinancing flexibilities offered through the Making Homes Affordable program. Since the program started, homeowners with a Fannie or Freddie loan have median savings of over $500 per month, for a total of $7 billion in savings. If you still have a mortgage that's at 6 percent or higher, or if you have