Political Quotes

NAN A. S. HAYWORTH: “I just want, for purposes of emphasis, to ask my colleague from New Jersey to read that total again, assuming the…”

On the recordMay 7, 1997
I just want, for purposes of emphasis, to ask my colleague from New Jersey to read that total again, assuming the savings with a 2-percent reduction in interest rates. This is for an average family owning a home with a 30-year fixed mortgage in your district in New Jersey, what would that savings be?
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NAN A. S. HAYWORTH
New York

Editor's note · Context

Questioning the impact of interest rate reductions on mortgage savings during a discussion.

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