PETITION CLOSED

  • The time period for signing this petition has ended.
Start Lending and Lower Mortgage Interest Rates "
  1. Signatures
    132 out of 200
    Petitioning
    1. The President of the United States (+ 6 others)
      Petitioning
      close
      • The President of the United States
      • The U.S. Senate
      • The U.S. House of Representatives
      • Your Governor
      • Your State Senate
      • Your State House
      • Sen. Barack Obama (IL)
  2. Created By
    Rizwan Elahi
    fremont, CA
About this Petition Petition Letter

Lending industry should freeze rates at low rate for 6 months, let's say cap it at 4.5% 30 year fixed or less. So everyone can benefit from this. This is long due and at the end of the day this will be the only option. Why wait? Why not now?
Banks and Lenders received billion of dollars and now many of them are making it difficult to borrow. Some like citi and chase has stopped doing business as wholesale lenders. This will only make things more difficult.
I like to call on to lending industry and all the people involved in obama team to work on this as an urgent issue.

Recent Signatures

Freeze Mortgage Interest Rates and start Lending

Dear Representative,

Lending industry should freez rates at low rate for 6 months, So everyone can benifit from this. This is long due and at the end of the day this will be the only option. Why wait? Why not now?
Banks and Lenders recieved billion of dollars and now many of them are making it difficuilt to borrow. Some like citi and chase has stopped doing business as wholesale lenders. This will only make things more difficuilt.
I like to call on to lending industry and all the people involved in obama team to work on this as an urgent issue.

[Your name]

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