Now that the U.S. Department of Energy’s new residential water heater regulations are in effect, it’s important to understand the new challenges builders and remodelers may be facing. The U.S.
Geithner: Refinancing plan coming in 'next few weeks'
Treasury secretary tells Senate committee new government plan is on its way
Details are scarce, but another government plan to help underwater homeowners should be announced in the next few weeks, Treasury Secretary Tim Geithner said at a Senate Banking Committee hearing today.
According to Geithner, the Federal Housing Finance Agency is examining a set of programs that would make it much easier for people to refinance at today's record-low rates, including people who owe more than their homes are worth.