Remove Barriers to Low Interest Rates

Media Contacts
Elizabeth Weyant

Expanding refinances in Massachusetts could save $1 billion for more than 238,000 families.

MASSPIRG

Congress has a rare bipartisan opportunity to put more money in Americans’ pockets, strengthen the housing market and boost the entire economy. By making it easier to refinance into today’s low interest rates, Congress could expand the Home Affordable Refinance Program (HARP) so it helps up to 13 million Americans nationwide save $35 billion. In our state alone, 238,133 families would qualify, saving them over $1 billion in lower mortgage payments.

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