Arab Today, arab today obama claims credit for \healing\ us housing market
Last Updated : GMT 13:22:57
Arab Today, arab today
Arab Today, arab today

Obama claims credit for \'healing\' US housing market

Arab Today, arab today

Arab Today, arab today Obama claims credit for \'healing\' US housing market

Washington - AFP

President Barack Obama on Saturday claimed credit for the country\'s improved housing market and urged the US Congress to approve a new head of an agency that oversees housing loan agencies. Seven years after the real estate bubble burst, \"triggering the worst economic crisis since the Great Depression and costing millions of responsible Americans their jobs and their homes, our housing market is healing,\" Obama said in his weekly Saturday radio and online talk with the US people. \"Sales are up. Foreclosures are down. Construction is expanding\" and prices are slowly rising. he said. Since taking office. \"I\'ve made it a priority to help responsible homeowners and prevent the kind of recklessness that helped cause this crisis in the first place.\" According to Obama, his housing plan has helped more than two million people refinance their mortgages, saving an average of $3000 per year, while his new consumer watchdog agency \"is moving forward on protections like a simpler, shorter mortgage form that will help to keep hard-working families from getting ripped off.\" The president acknowledged that there was \"more work to do,\" including providing more help for \"responsible homeowners\" who for different reasons cannot refinance, and working families \"who have done everything right, but still owe more on their homes than they\'re worth.\" The US economy \"and our housing market are poised for progress -- but we could do so much more if we work together,\" he said, urging Congress to approve a tax break for home owners. Obama also urged Congress to approve his nominee to head of the Federal Housing Finance Agency, the office that oversees major housing loan agencies.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today obama claims credit for \healing\ us housing market Arab Today, arab today obama claims credit for \healing\ us housing market

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today obama claims credit for \healing\ us housing market Arab Today, arab today obama claims credit for \healing\ us housing market

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday