Thursday, December 4, 2008
Treasury Weighs Plan To Cut U.S. Mortgage Rates : NPR
Treasury Weighs Plan To Cut U.S. Mortgage Rates : NPR: "The Treasury Department is considering a plan to dramatically lower mortgage rates for homebuyers to as low as 4.5 percent — more than a full point below currently offered rates, sources say."It seems that this would be done by the government buying up mortgages much like the Fed recently said they were going to do. One problem, as the
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