Historic Bailout Bill Passed by Congress

October 3, 2008 | Filed Under Real Estate News, Boston Real Estate 

Congress approved a $700 billion government bailout bill today for the nation’s battered financial industry. Congress hopes the bill will prevent the crisis on Wall Street and the mortgage industry from driving the country into deeper economic trouble. This legislation should help restore liquidity to the mortgage market and protect home owners. In the comming months, we may see some significant changes in the Boston real estate market.

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