Economy: Economic News, Policy & Analysis - The Washington Post: Obama to insist market provides 30-year mortgages

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post. 
Obama to insist market provides 30-year mortgages
Aug 6th 2013, 00:00, by Zachary A. Goldfarb

President Obama on Tuesday will for the first time insist that any future housing system in the United States makes 30-year mortgages widely available to borrowers, senior administration officials said, preserving a linchpin of the American economy but also continuing to expose taxpayers to risk from another housing meltdown.

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