NEWS CLUES: It’s Like Adderall For Your Eyeballs

GET REAL ESTATE: Subprime Crisis Spurs Home Loan Interest Rate Freeze WASHINGTON – The Bush administration has hammered out an agreement to freeze interest rates on certain subprime mortgages for five years to combat an escalating number of home foreclosures, congressional aides said Wednesday. A person familiar with the matter said the rate freeze would apply to borrowers with loans made from Jan. 1, 2005, through July 30 of this year with rates that are scheduled to rise between Jan. 1, 2008, and July 31, 2010; likewise, the program would only be available for owner-occupied homes – to ensure the […]