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Real Estate & Property Law

: Housing Wire

Treasury Weighs 4.5 Percent Mortgages, But Who Will Buy?

By PAUL JACKSON

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The U.S. Treasury is considering directly intervening into secondary mortgage markets to help push primary mortgage rates for first-time buyers down to 4.5 percent, according to a report late Wednesday in the Wall Street Journal. News of the potential plan comes on the heels of a Nov. 25 announcement that the Federal Reserve will initiate [...]

Full post as published by Housing Wire on December 04, 2008 (boomark / email).

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