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'Marketplace' Report: Interest Rate Freeze

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'Marketplace' Report: Interest Rate Freeze

Economy

'Marketplace' Report: Interest Rate Freeze

'Marketplace' Report: Interest Rate Freeze

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  • <iframe src="https://www.npr.org/player/embed/16771863/16771841" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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The Bush administration and major financial institutions may agree to temporarily freeze interest rates on certain subprime home loans. The deal could reassure more than two million homeowners and investors whose adjustable mortgages are about to spike. Madeleine Brand talks to Marketplace's Nancy Marshall-Genzer.