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require all mortgage companies to reduce the high interest mortgages to an affordable rate for all mortgages

Created by H.W. on October 26, 2011

Make it against the law for a mortgage company to charge more that 1.5% over current 30 year mortgage rates. By reducing all high interest mortgages to a more affordable fixed rate for all persons in this situation will free up large amounts of dollars for the economy; will slow down foreclousures and allow many to purchase empty homes which will eventually spur the housing construction industry.

Economy & Jobs
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