Ed note: This blog post originally appeared on Whitehouse.gov.
Today, home interest rates are at historic lows. The average homeowners could save $3,000 a year by refinancing, but far too many borrowers are locked out of a chance to do so. President Obama has a plan to help millions of responsible homeowners save hundreds of dollars each month by refinancing.
Want to know more about the President’s plan, and other government programs that are already helping thousands of homeowners across the country? Join us on Thursday, July 12 at 3:15 p.m. EDT, for a White House Google+ Hangout on mortgage refinancing with Secretary of Housing and Urban Development Shaun Donovan, moderated by the real estate marketplace, Zillow, Inc.
Secretary Donovan will join a conversation, moderated by Zillow CEO Spencer Rascoff, with participating homeowners about refinancing options, such as the Home Affordable Refinancing Program (HARP) and President Obama’s plan to streamline refinancing for responsible homeowners.
During the Hangout, the Secretary will also answer questions from the public. You can participate and ask your question by visiting the special tab on Zillow’s Facebook page, or via Twitter using the hashtag #WHHangout.
Here are the details:
When: Join us at 3:15 p.m. EDT on Thursday, July 12, 2012
Watch a video message about the Hangout from Secretary Donovan: