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U.S. working on affordable mortgage plan: sources (Reuters)

Started by riky, December 04, 2008, 03:09:09 AM

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riky

U.S. working on affordable mortgage plan: sources
    (Reuters)

 


Reuters - The Treasury Department is developing a plan to try to reduce mortgage rates on home loans to 4.5 percent on typical mortgages by expanding its purchases of mortgage backed securities, sources familiar with the plan said on Wednesday.


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