Refinancing home loans explained on a whiteboard: The White House

Visit: http://www.whitehouse.gov/why-refi

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The White House has used ‘whiteboard’ videos several times, to help bring economic issues in particular to life:

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.

It has the potential to be a huge deal, so we want to make sure you have the facts — and get a chance to tell us what you think.

Take a minute to watch this video from Brian Deese — one of the President’s economic advisors — then, answer a few short questions to help guide our work on this issue. 

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