Voice of America: Obama Criticizes Congress on Housing Market

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Obama Criticizes Congress on Housing Market Sep 29th 2012, 12:00 U.S. President Barack Obama has called out the Congress, especially Republicans, for not acting on proposals aimed at saving homeowners thousands of dollars. During Saturday's weekly address, Obama said Congress has delayed taking action on a plan he sent them in February that he says would save homeowners $3,000 a year by refinancing their mortgages at a lower interest rate.  President Obama says the housing market is "healing" from the housing crisis of 2007 and 2008, and he is ...

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