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if we don t fix it more downgrades of our economy are coming. the president rolling out some changes to his tenth housing plan today in one of america s hardest hit cities, las vegas. if you meet certain requirements you will have the chance to refinance at lower rates which could save you hundreds of dollars a month and thousands of dollars a year on mortgage payments. in a nutshell the plan increases the number of home owners eligible to refinance. now the administration says it would allow more of the five to seven million under water home owners who are still current on their mortgage payments to refinance. the administration is pushing for a rate of about 4% for those refis. we had two key questions. one, will the plan increase housing prices? well the chief economist of real estate website zillow website told us, even if the plan is fully implemented and everything is perfect, prices of homes may not rise. that was not the answer we were hoping for. two, will ....
downgrades of our economy are coming. the president rolling out some changes to his tenth housing plan today in one of america s hardest hit cities, las vegas. if you meet certain requirements you will have the chance to refinance at lower rates which could save you hundreds of dollars a month and thousands of dollars a year on mortgage payments. in a nutshell the plan increases the number of home owners eligible to refinance. now the administration says it would allow more of the five to seven million under water home owners who are still current on their mortgage payments to refinance. the administration is pushing for a rate of about 4% for those refis. we had two key questions. one, will the plan increase housing prices? well the chief economist of real estate website zillow website told us, even if the plan is fully implemented and everything is perfect, prices of homes may not rise. that was not the answer we were hoping for. two, will it work overall? ken ros ....
economy. housing in america. if we don t fix it more downgrades of our economy are coming. the president rolling out some changes to his tenth housing plan today in one of america s hardest hit cities, las vegas. if you meet certain requirements you will have the chance to refinance at lower rates which could save you hundreds of dollars a month and thousands of dollars a year on mortgage payments. in a nutshell the plan increases the number of home owners eligible to refinance. now the administration says it would allow more of the five to seven million under water home owners who are still current on their mortgage payments to refinance. the administration is pushing for a rate of about 4% for those refis. we had two key questions. one, will the plan increase housing prices? well the chief economist of real estate website zilo told us even if the plan is fully implemented and everything is perfect prices for homes may not rise. that was not the answer we were hopi ....
i think she s stuck with the network because of the attacks. we ll is more in the next hour. live from studio 7, i m drew griffin in for suzanne, who s on assignment in dangerous conditions in afghanistan. let s get you up to data on this tuesday, september 13. taliban fighters attacking the u.s. embassy with rocket-propelled grenades and guns. u.s. troops trying to flush these guys out. they re in an abandoned building where the attack was launched. fewer than ten taliban are believed to be involved. republic saying two americans could be released in days. that is if the men s families pay bail of $1 billion. josh fattal and shane bauer have been in custody since they went on that hike in 2009. iran sentenced them to eight years for spying and illegal entry. the americans say they were just hiking in iraq, accidently straying into iran. texas governor rick perry may feel like he is a punching bag this morning. seven republicans who trailed perry in the polls, the ....
ground and folks who are still trying to get out of the mess. thank you, kyra. live from studio 7, i m suzanne malveaux and up to speed for august 30th, tuesday. here we go, again, the rivers in new jersey are bursting the banks overwhelmed by all of the rain that hurricane irene dumped on the state. the passaic river has been overrunning parts of paterson, new jersey, all morning long. emergency workers pulled some 1,500 people to safety after the passaic flooded homes. governor chris christie says that nine new jersey rivers have surged to record flood levels, but thankfully, they are receding now. he says only one, the passaic has not crested. the number of people killed now by irene and the aftermath rose to 38 today across 11 states. i want to get the latest on the emergency rescues in paterson, new jersey, where we are taking a look, a dramatic look of pictures throughout the morning and on the phone is sergeant alex popoff of the paterson police department, and w ....