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Kashkari: Treasury considering mortgage rate plan

 
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Hirah
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Joined: 24 Apr 2006
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PostPosted: Fri Dec 05, 2008 12:10 am    Post subject: Kashkari: Treasury considering mortgage rate plan Reply with quote
Under the proposal being pushed by the financial industry, Treasury would seek to lower the rate on a 30-year mortgage to 4.5 percent by purchasing mortgage-backed securities from Fannie Mae and Freddie Mac.

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