The move to defer pledge interest payments for struggling homeowners has been welcomed by specialist insurer Burgesses - with reservations.The command announced on Wednesday that the interest on a home loan need not be paid for two years coming the date the borrower could not afford the payments. It believes that this relief will avert the threat of repossession for many families that face falling on hard times in the current career slowdown. (PRWEB Dec 5, 2008)

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