So, Democrats killed a bill to lower interest rates?

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What are your thoughts on these news items below is all the social programs, he helped the housing market pick up, and if the housing market increases, so muud.WASHINGTON everything – Senate Republicans plan to push Mortgage rates have dropped below the Demokraatide.Kava victory in Nevada Republican John Ensign would encourage banks to lend mortgage interest rates from 4 to 4.5 per cent. mortgage giants Government-controlled Fannie Mae and Freddie Mac buy mortgages would be a secondary market. Jumbo loans were killed Thursday night by abikõlblikud.Demokraatide the idea contained in the range of 62-35 hääl.Plaan costly tax cuts, such as cutting boards bottom 10 percent income tax rate of half in two years.

4 Comments
  1. Reply
    truthistrue8
    January 24, 2011 at 5:33 pm

    Arent they around 5% already?

  2. Reply
    chattterus
    January 24, 2011 at 6:26 pm

    That is because there are some very nice tax cuts in the stimulus bill which will have much of the same effect.

    Oh, and in order to get 62 votes some of the republicans were against this too.

  3. Reply
    American Spirit
    January 24, 2011 at 7:19 pm

    You left off the end of the artcle you copied and pasted:

    “”New York Democrat Charles Schumer said the plan was too expensive and would provide a windfall to banks charging fees to refinance mortgages.””

  4. Reply
    caldude1010101
    January 24, 2011 at 7:49 pm

    Have you tried to get a mortgage lately?

    My closing is now 2 weeks overdue and the bank doesn’t want to lend because the interest rates are too low as is.

    Banks make money by charging interest. When rates are pushed too low by govt. regulation, they will stop lending.

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