Nov 30, 2007

Orlando and the country may get Federal help with home mortgages

Forbes magazine is reporting that the Bush Administration is trying to resolve some of the mortgage issues brought on by adjustable rate increases that are making it impossible for some home owners to make their payments. The information can be found in the link below:

WASHINGTON -
The Bush administration is working with industry on a plan to extend lower, introductory interest rates on home loans before they reset at higher levels.



Related Florida real estate views:

President Bush not completely happy with housing bill

Florida Senators vote in favor of foreclosure bill HR 3221

How does President Bush pick a real estate agent?


- Greg Staker - Watson Realty Corp. - 407-304-0255

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