“We are at a time where people can really take advantage of this…. The main message we want to send today is there are 7 to 9 million people across the country who right now could be taking advantage of lower mortgage rates. That is money in their pocket.”

– President Barack Obama is urging homeowners to take advantage of super low mortgage interest rates through the recently introduced Making Home Affordable program to possibly ease their financial burdens. He made the remarks in the White House’s Roosevelt Room alongside several other key individuals who are charged with getting the housing market back on track, which includes ensuring that people are able to afford their homes and remain in them to avoid more foreclosure situations. According to an Associated Press report, nearly 200,000 homeowners contacted Bank of America alone “to find out if they are eligible to refinance under the Obama administration’s new guidelines.” To learn more about Making Home Affordable and determine whether or not you can refinance your home mortgage click here.