Obama Stimulus plan - Mortgage rate of 4.0%?
saying that the votes didn't go through for the lower mortgage rate of 4.0 as part of Obama Stimulus plan.
If you read/heard of this stimulus plan, please share with me.
I am thinking of refinancing my mortgage with a lock in rate of 4.8% + 1 point that would expired end of this week. Should I go with this rate? What's the chances that the 4.0% rate stimulus plan would go through?
the $15,000 tax credit do not apply existing home mortgage.