Mortgage Bailout and Rate Freeze, Government Comes to the Rescue?
December 8, 2007 by Kin
Based on current news, the federal policy will help a selective group of subprime homeowners by freezing the rate for a period of 5 years applicable to those who are still on time with their payment but could not afford a rate reset. In a sense, the selectiveness of this plan is good news [...]
