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Home » Store » News » Groups Propose Various Measures To Cut Rates, Curb Foreclosures

Groups Propose Various Measures To Cut Rates, Curb Foreclosures

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Industry and consumer groups are continuing to push for initiatives to reduce mortgage interest rates and curb worsening default and foreclosure rates. The National Association of Realtors has put forth a proposal based on an idea floated by the Treasury Department in which banks are encouraged to offer purchase home mortgages with a 4.5 interest rate. The proposal’s aim is to jump...
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