The housing stabalization plan is starting to impact homeowners. According to money.cnn.com, last week Chase modified 15,000 home loans! The plan has encouraged lenders to help at-risk homeowners by lowering their interest rates so that their housing payments won't exceed 31% of their gross monthly income. 

 

Find out if you are eligible by visiting this website: www.makinghomeaffordable.gov. 

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