Home Loans & Mortgages

1. 3 Responses to “Did George Bush create a law regarding interest rates for home loans?”

2. By poolman4u03 on Nov 18, 2008 | Reply

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   I don’t know if the law was passed, but the point was to freeze intrest rates for people with adjustable rate mortgages for a period of time.

3. By v b on Nov 20, 2008 | Reply

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   It wasn’t a law, it was a voluntary agreement with lenders.
   See the news article below:

   Call 1-888-995-hope for more information.

4. By TIna on Nov 23, 2008 | Reply

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   The Executive Branch (the President) does not create laws. Only the Legislative Branch (Congress and the Senate) can do that. The President has power to sign their bills into law or veto them.

   As for the law about home loans - I haven’t heard anything definite about that.

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