Tie Me Up, Tie Me Down to Fixed-Rate Home Loan: Amity Shlaes

Story date: 2007-10-12 02:55:00
Added on: 2007-10-12 05:00:52

Bloomberg - The possibility that interest rates might go down soon and allow adjustable-rate mortgage holders to pay less for a while was tempting. ... How to avoid mortgage paternalism later without mortgage paternalism now? Current policy is to promote unlimited ...


Read more...

Related Stories:

• A Dose of Libertarian Paternalism (Washington Post)

  About 25 years ago, Cass Sunstein opened a retirement account that had two portfolios. One was mostly bonds, the other mostly stocks....
  2008-04-06 07:32:51