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First, Let's Stabilize Home Prices

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We propose that the Bush administration and Congress allow all residential mortgages on primary residences to be refinanced into 30-year fixed-rate mortgages at 5.25% (matching the lowest mortgage rate in the past 30 years), ...


Source Blog Post
http://marketpipeline.blogspot.com/2008/10/first-lets-stabilize-home-prices.html

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30-year mortgages fall below 6 percent 18, 2008 – Rates on 30-year mortgages dropped for a third straight week to the lowest level since the summer of 2005 as worries intensified about the current economic slowdown.Freddie Mac, the mortgage company, reported Thursday that ...

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