|
Housing got us into this mess and it's going to get us out of it.
Why keep interest rates elevated and continue the downward spiral,if you can slow,or even stop the bleeding by reducing rates?
Many people will not be eligible for these rates,but you have to start somewhere......
It should boost the confidence levels of those who are able to pay their loans,but are upside down and just want to walk away,like sooooo many people are doing.
|