Mercury News
Posted: 03/04/2009 07:26:04 AM PST
Updated: 03/04/2009 07:37:50 AM PST
The following are key excerpts from the federal government's Q&A about the new program that the Obama administration says should cut mortgage bills for up to 9 million Americans who are having troubling making their monthly payments.
The program could provide some borrowers mortgages with interest rates as low as 2 percent and there are also incentives that may pay down principal in some cases.
http://www.insidebayarea.com/ci_11833508?source=most_viewed
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