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  • Obama debuts new refinancing planadd to reading list  

    Posted on February 1, 2012 at 12:57 PM

    Updated Wednesday, Feb 1 at 7:37 PM

    President Barack Obama's proposal would give homeowners with privately held mortgages a shot at record low rates though a new government program, for an annual savings of about $3,000 for the average borrower.

    By Associated Press
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