Mortgage Rate Freeze: Who Wins and Who Loses
by Roberta Murphy This months hot real estate question: Which homeowners will benefit from President Bush’s recent interest rate freeze for subprime loans? And who will be left out in the cold? It’s a question on the mind of both mortgage and real estate professionals alike. Drumroll. The winners, who may receive a five-year extension (and possibly even longer) on their low introductory mortgage rates, are those: Whose mortgage loans…
