The Real Deal Miami

The home loan debate, revisited

July 27, 2010 02:15PM

The age-old debate of government involvement in the mortgage market was rehashed in this CNBC video, in which commentators Rick Santelli and Steve Liesman duke it out. While Liesman questioned the effect that higher mortgage rates might have on the suburban housing market, Santelli seemed to think that U.S. homebuyers need to get “tougher.”