Allowing a homeowner to refinance from a loan that is 6-percent interest to a loan that is 4-percent interest, for example, would save them hundreds of dollars a month, putting more money in their pockets, reducing defaults and foreclosures.
Menendez explains how refinancing can financially benefit homeowners and reduce foreclosures.
Share
More from Bob Menendez Jr.
Could expanding the scope of hazardous materials subject to increased safety regulations prevent future tragedies like the one in East Palestine?
Families across New Jersey count on accessible, efficient public transportation to get to work on time...
There is nothing that ICE says that you should believe, and anything they say you should doubt immediately.
Thank you to our witnesses today for their testimonies, which provide an honest and sobering insight into the state of rail safety today in America.
Other voices in this conversation
