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Real Estate & Property Law

: Housing Wire

Paulson Denies Rumored 4.5 % Mortgage Rate Plan

By DIANA GOLOBAY

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The U.S. Treasury Department secretary Henry Paulson spoke out Tuesday denying the rumor that he and the Treasury are contemplating a plan to initiate a 4.5 percent mortgage rate for new home loans issued through Fannie Mae (FNM: 0.69 -5.48%) and Freddie Mac (FRE: 0.71 -2.74%), according to a MarketWatch bulletin. #8220;We didn#8217;t float any [...]img src="http://feeds.feedburner.com/~r/HousingWire/~4/487709647" height="1" width="1"/

Full post as published by Housing Wire on December 17, 2008 (boomark / email).

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