Cartoon Obama Unveils Home Refinancing Plan
President Obama called upon Congress yesterday to help make it easier for millions of American to refinance their mortgages. His plan calls for lower interest rates and easier refinancing for homeowner who owe more than their home is worth.
The Housing problem is not only MASSIVE, but as out of control as it’s ever been.
U.S. Homeownership has dropped to as low as 60% in some places, indicating the housing downturn has bottomed out. At our peak in 2004, homeownership was at an all-time high of 69.2%.
President Obama is urging Congress to approve a $5-$10Billion dollar plan to help homeowners.
More Cartoons Like This:
- President Obama Unveils Military Reduction Plan President Obama Unveils Military Reduction Plan Obama has just...
- Obama Debt Reduction Plan Cartoon Family Obama Debt Reduction Plan Cartoon Family DAD: “Honey…what do...
- Obama’s Plan to Rebuild U.S. Economy Obama’s Plan to Rebuild U.S. Economy Obama sits on...
- Obama Health Care in Congress President Obama Presents his Health Care Reform Changes to...
- Obama and Rising Gas Prices Cartoon Obama and Rising Gas Prices Cartoon Generally speaking, National...