mortgage

In this week's address, President Obama says that Congress should act to keep our nation moving forward by keeping taxes low for 98 percent of Americans, cutting red tape so responsible homeowners can save about $3,000 a year on their mortgage by refinancing at lower rates, and creating a veterans jobs corps to help our returning heroes find work.

In this week's address, President Obama explains his administration's steps to help the housing market, including giving responsible homeowners a chance to save thousands of dollars every year by refinancing their mortgages, but he says we need Congress's help to do more.

President Obama is urging Congress to take up his proposal to cut through the red tape that prevents so many homeowners from refinancing their mortgages and saving hundreds of dollars each month. On June 6th, 2012 we asked Americans what they thought of the President's proposal. On June 8th, 2012, we held a conference call with a group of people who responded to answer their questions.