The U.S. Treasury Department is considering a plan to offer a 4.5 percent mortgage to home buyers for a period of time. Two economists from the Columbia University Business School make the case for why that’s a good idea. They say it would stop the decline in home prices. Click here to read the article in the Wall Street Journal.
Tim Kent
Executive Vice President
tkent@ncrealtors.org
Wednesday, December 17, 2008
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