Will New Rules On Mortgages Help Borrowers? (WallStreet Journal via Yahoo! Finance)
Story date: 2008-02-06 08:16:59
Added on: 2008-02-06 20:57:13
Congress is moving to lower borrowing costs on "jumbo" mortgages. Lending experts caution, however, that lower costs could be offset by possible new fees and say many homeowners have too little equity to refinance.
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