5.17.2013
Published May 13, 2013
by Kate Rogers
FOXBusiness
President Obama is pushing Congress to give more homeowners the chance to refinance their current mortgages to help maintain the housing market recovery. Refinancing mortgages can save or give you more money. So president Obama says people that if your state don't do that, you can go and ask for it.
If people have more money by this, then people will want more. then it can possibly led to inflation. anyways i think this is good to refinance mortgages so that i can have more money.
It is both a good news and bad news! It is good at some point that people can get property faster than they wanted. However, it can also lead to inflation, like what you mentioned, and it can also cause people to waste their money and have debt.
답글삭제It is good government system for poor people. Therefore, there are many opportunities for homeless people to get economic chances. However, in order to practice this system, people should pay more taxes I think.
답글삭제I think president Obama choose a really good choice. Giving chance to refinance will influence to citizens a lot.
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