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Old 12-07-2007, 06:27 AM   #4 (permalink)
Bigtoe
 
Status: Real Estate Forum Member
Join Date: Nov 2007
Location: Outer Banks
Posts: 84
Default Re: BREAKING NEWS - Bush administration reaches mortgage deal

What happen if the rates are up in 5 years besides the fact that George won't have to take the hit? Why couldn't the banks freeze the rates on their own? I'm confused.
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