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Tucson SOME Subprime Borrowers COULD see 5 year Freeze in Interest Rate

Posted by Dave Smith
December 5, 2007
Five Year Freeze on Interest Rates For ARM Borrowers

Some Subprime and ARM borrowers Could see a freeze on their interest rates.
Late breaking news on a 5 Year fix on interest rates for SOME borrows under certain conditions. This is being reported on the Bloomberg.com Subprime Rate Five-Year Fix Agreed by U.S. Regulators (Update7)