U.S. Government to help home buyers storm crossing the sub-prime crisis.

<P>: Http://finance. News, 6, President Bush announced that the U.S. government has reached an agreement with the mortgage industry, will pause raised some U.S. buyers floating rate loan repayment rates, to help them through the .difficulties. .</ P> <P> some U.S. buyers will be a floating rate loan interest rates in the coming months into the period, the U.S. housing market downturn in the current context of rising interest rates will increase the repayment burden on home buyers, and even .may lead to a large number of home buyers unable to repay due to loss of housing. .</ P> <P> To help this part of the home buyers, Bush announced a partial freeze interest rates on floating rate loans to low level in the initial freezing period of 5 years. .</ P> <P> Although only a small number of qualified home buyers can enjoy the freezing of interest rates help, but Bush said, according to the U.S. government and the mortgage industry agreements, and other buyers who meet certain conditions can .enjoy a variety of different types of help, the total number of home buyers the ultimate beneficiaries may be up to 120 million. .</ P> <P> the past two years, after several years continued to hit the U.S. housing market began to gradually fall into the doldrums, with rising interest rates, many U.S. buyers unable to repay due to the loss of housing. .This summer, the U.S. subprime mortgage market crisis broke out, the U.S. government is facing difficulties for home buyers to help tide over the stress. .</ P> <P> 6, Bush also called on Congress to speed up the action, the Government approved a series of challenges designed to address the housing market plan. .</ P>.