A Snorkel Perhaps?

By Econ70 | 10/24/2011

Obama’s latest effort to help underwater homeowners, who are current, refinance at lower rates will help, but, it’s no panacea. Estimates are that a million households will take advantage of this plan and will, on average, save $2,500/year. If all $25 billion gets spent it will boost our economy by 0.16% of GDP. Of course…

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