Home loans An online exploration
As the second week of February draws to a close, President Obama prepares to sign the $787 billion stimulus bill. The economy is suffering from the greatest slump since the Great Depression. A large part of the stimulus bill will be aimed specifically at the ailing housing market, which is blamed for much of the financial crisis that began last year. Although the details of that plan have yet to be released, many homeowners at risk of defaulting on their mortgage loans or going into foreclosure are anxiously awaiting any hopeful news. President Obama is expected to make the details of the new housing plan public in Arizona in a week.