December 5, 2007

Deal Reached on Mortgage Rate Freeze (AP)

A foreclosure sign tops a sale sign outside an existing home on the market in northwest Denver in this Aug. 29, 2007 file photo. The Bush administration has hammered out an agreement with industry to freeze interest rates for certain subprime mortgages for five years in an effort to combat a soaring tide of foreclosures, congressional aides said Wednesday.  (AP Photo/David Zalubowski, file)AP – The Bush administration has hammered out an agreement to freeze interest rates for certain subprime mortgages for five years to combat a soaring tide of foreclosures, congressional aides said Wednesday.

Permalink • Print

Trackback uri

http://www.jolinszsells.com/534/deal-reached-on-mortgage-rate-freeze-ap/trackback/