Trump's top housing official floats potential fix to US housing crisis
Trump's top housing official floats potential fix to US housing crisis
Transcript
JACKIE: THE WHITE HOUSE PLANS TO UNLOCK THE STALLED HOUSING MARKET AFTER FLOATING A 50 YEAR MORTGAGE OVER THE WEEKEND. THE ADMINISTRATION IS LOOKING INTO PORTABLE MORTGAGES WHICH WOULD ALLOW HOMEOWNERS TO TRANSFER THEIR CURRENT RATE FROM ONE HOUSE TO ANOTHER. IN THEORY THIS WOULD PUSH HOMEOWNERS WHO WERE LOCKED INTO A LOW RATE TO LIST THEIR HOUSE, ... Read More
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