December 5, 2007

Bush to outline 5-year rate freeze plan: sources (Reuters)

President George W. Bush stands in front of Air Force One as he makes remarks about Iran during a visit to Omaha, Nebraska December 5, 2007. (Kevin Lamarque/Reuters)Reuters – President George W. Bush is expected
to outline on Thursday a plan to freeze mortgage rates for five
years for many U.S. homeowners facing sharp increases in their
monthly payments, industry sources said on Wednesday.

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