Detailed text transcripts for TV channel - FOXNEWS - 20120204:15:23:00
This, if they do, and what, about 500 people took advantage last time. they're not even in the market to buy or sell, they're in the market to stay in their homes, so none of the churn that he we want in the housing market and new buying happens. >> they say this is good for the economy? >> factually it is, we're the not talking about 500 on this one, we're talking tens of thousands and refinance from 6% mortgage to 3.2, 15 year or 3.8 now, that, you know, is 568 bucks and adds up, sometimes tens of hundreds of thousands of people, all right. it's going to be system latiff and the banks are go...
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