4.5% Mortgage Rates, Is It True
Posted by William Doom in
First Time Home Buyer on 12 5th, 2008 |
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Business television is abuzz with talk of “4.5%”. The news stems from a leaked story that the U.S. Treasury will intervene in the mortgage market, lowering rates a full percentage point below their current levels.
As cited by every journalist in every publication, however, the story is 100% speculation. ...