Detailed text transcripts for TV channel - FOXNEWS - 20120205:16:22:00
Help, will it help you. ed butowski joining me now. hi, ed. >> hi, jamie. you're in one of the worst housing markets down in texas. the question is whether or not it will help these homeowners looking at mortgages bigger than their home is worth. some had to move out. is this new plan from the president going to help folks out like that? >> any plan that can help lower the rate that people are paying right now will certainly help. so, you know, conceptually this is wonderful, because the average mortgage is 6.75%, almost 7%. based on the president's plan this could save about $3,000 a year for...
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