Be on 'News & Notes': Mortgage Rate Freeze
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In a move that may spell relief for cash-strapped homeowners, President Bush has announced a five-year freeze of interest rates for those whose mortgages are scheduled to rise.
About 1.2 million people could be eligible for help under the plan, but not everyone will be eligible for the rate freeze. Bush said interested people should call a new hot line: 1-888-995-HOPE.
Now here's where you come in: If you have been struggling with mortgage payments and think you'll benefit from the rate freeze, drop us a line.
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Tags: President Bush | mortgage | rate freeze
4:18 PM ET | 12- 6-2007 | permalink
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