25.05.2012 - Real estate industry pushes Senate on refinance bill
Real estate and mortgage industry leaders urged a Senate committee on Thursday to back a plan that would lower interest rates for homeowners with government-owned mortgages. Appearing before the Senate Banking Committee, Mark Zandi, chief economist and cofounder of Moody’s Analytics, said lawmakers must act quickly because “mortgage rates are very low, and this is such a good time to refinance.”..............................................Full Article: Source
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