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Archive for March 4th, 2008

Hillary’s Rate Freeze Screws New Homeowners

Hillary Clinton has been touting her bold plan to save the crumbling housing market, which would call for a halt on foreclosures for 90 days and, most alarmingly, an interest rate freeze on mortgages for five years. There’s only one problem: her plan will screw new homeowners by increasing mortgage interest rates. It would also [...]