The central bank is will likely highlight the developments in its Long-Term Refinancing Option (LTRO) early repayment schedule.

FORBES: Momentum Suggests Investors Seeking Euro Exit

Draghi has proposed actions such as further bond purchases, rate cuts, and a new Long-Term Refinancing Option, which allows the ECB to lend to eurozone banks at very low interest rates.

FORBES: FOCUS: Fed Not Likely To Announce Stimulus At FOMC Meeting; Gold Might Be Pressured

Rates for 15-year fixed-rate mortgages, often a popular option for refinancing a loan, fell to 5.53%, from 5.60%.

FORBES: GDP's Health Misleading

Last month, I directed my economic team to work with the Federal Housing Finance Agency -- or FHFA -- and their partners in the housing industry to identify barriers to refinancing, knock those barriers down, and explore every option available to help many American homeowners to refinance.

WHITEHOUSE: President Obama Speaks on Housing and the Economy

But when house prices are falling and refinancing is difficult, as is now the case, the option ARM is the financial equivalent of a bikini in winter.

ECONOMIST: American housing 2: Ticking time bomb | The