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To: Alas Babylon!

Hillary just proposed freezing mortgage rates for five years and a 90 day moratorium on foreclosures.

Is she nuts!


61 posted on 02/03/2008 6:21:09 AM PST by Sunnyflorida (Drill in the Gulf of Mexico/Anwar, etc and we can join OPEC!!! || Fred - "the Best Dick Cheney ever")
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To: Sunnyflorida

She is a communist. Private use of money is anathema to her.


66 posted on 02/03/2008 6:22:50 AM PST by maica (Romney '08)
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To: Sunnyflorida

“Hillary just proposed freezing mortgage rates for five years and a 90 day moratorium on foreclosures.

Is she nuts!”

Of course she is going to do this A YEAR FROM NOW!! Big help that would be.


106 posted on 02/03/2008 6:36:54 AM PST by Lynne
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To: Sunnyflorida
Surely that is down to the lenders whether they offer fixed mortgage rates etc.

I know several of my friends in Britain go for that option they may pay more than the current interest rate but at least they know whatever happens how they can budget their mortgage payments for the next 3 - 5 years.

164 posted on 02/03/2008 7:02:19 AM PST by snugs ((An English Cheney Chick - Big Time))
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To: Sunnyflorida
Hillary just proposed freezing mortgage rates for five years and a 90 day moratorium on foreclosures.

Few financial institutions will want to issue mortgages if they know the government can nullify their contracts - this is all part of Hillary's stealth plan to nationalize the mortgage industry. Complete nationalization of lending institutions to follow.

268 posted on 02/03/2008 8:10:52 AM PST by BusterBear
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To: Sunnyflorida
Hillary just proposed freezing mortgage rates for five years and a 90 day moratorium on foreclosures.

Said the same during the last debate and I believe I heard some applause from the audience.

362 posted on 02/03/2008 9:09:35 AM PST by StarFan
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