Obama Announces Measure To Lower Mortgage Insurance Rates

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Jason W. Estavillo
25+ years of practicing law. Founder of Estavillo Law Group. Juris Doctor degree from the Golden Gate University School of Law. Licensed to practice in California and Maine, and admitted in each of the United States District Courts within California and the Ninth Circuit Court of Appeals.

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At the Estavillo Law Group, we have 50 years of combined experience inReal Estate and Foreclosure law. We offer a big firm experience at a small firm price. Most large law firms have become so big it translates to an enormous overhead. At our firm, we are committed to delivering the highest quality results while keeping our client costs down.

In an effort to help the housing market, President Obama announced his decision to introduce a measure to lower mortgage insurance rates on federally issued mortgages.

The new measure Measure is intended to aide hundreds of thousands of people across the country purchase homes.  The measure could offer savings of around $900 for each home buyer and help potential home buyers in a time when finding a bank willing to offer a mortgage is difficult.

For more information about the new bill visit the New York Times

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