Gross calls for U.S. to refinance home mortgages
Pimco's Bill Gross said the U.S. government should offer to refinance mortgages for homeowners as a way to stimulate the struggling economy.
Pimco’s Bill Gross said the U.S. government should offer to refinance mortgages for homeowners as a way to stimulate the struggling economy.
“Policymakers should quickly engineer a refinancing opportunity for all mortgagees who are current on payments, and [whose mortgages] are included
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