The governor says lenders should reduce monthly payments by 20% to 30% by lowering interest rates on mortgages to as low as 3%, extend mortgage terms to 40 years, and delay some principal payments to the end of the loan term.
OC Register - Nov 6, 2008
5 posted on 11/06/2008 9:27:53 AM PST by NetSurfer
(It wasn't an election. It was The Fraudulent Selection.)