Treasury Considering Plan to Lower Mortgage Rates to 4.5%

Last week, on news that the Fed Gov would buy up $500 Billion of MBS (mortgage-backed securities), 30 year fixed rates dropped to 5.5%. We sent a Q&A over to The Mortgage Buzz blog, and it will be posted tomorrow.Meanwhile, in the past week, there's been reports that foreclosures will continue to rise. Apparently in response to this, and in an effort to stabilize the housing market, there's