January 27th, 2013 12:17 PM by Michael and Jill Kohler
What does the recently re-elected president’s 2nd term mean for the housing and real estate market. There wasn’t much mentioned about the housing crisis. President Obama did start the HARP (home affordable refinance) program to help underwater homeowners be able to refinance. However banks put caps on loan to values and many people got shut out of getting help. The President says he hopes to remove some of the problems so he can help everyone refinance.