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Obama debuts new refinancing plan

Obama debuts new refinancing plan

President Barack Obama's proposal would give homeowners with privately held mortgages a shot at record low rates though a new government program, for an annual savings of about $3,000 for the average borrower.

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Obama debuts new refinancing plan

President Barack Obama's proposal would give homeowners with privately held mortgages a shot at record low rates though a new government program, for an annual savings of about $3,000 for the average borrower.