the home builders wasted no time pushing their so-called fix housing program to congress. 200 home builders walking the halls, meeting with representatives. They're pushing this proposal which they claim is not a builder bailout but a home buying stimulus. First they want to be hance foreclosure prevention, including increasing the reidenti programs, then they want a homebuyer tax credit. No, not the one passed last summer that you have to repay. This would be 10% of the home price, with a cap, of course. But up to $22,000 per homebuyer. Then the big kicker, as you say, is a government-subsidized mortgage rate buydown to 2.99% on a 30-year fixed. Our industry is really an economic engine. And once we can address that, we were responsible for a lot of the upturn in the economy. We can do it again. And we just need a couple tools to get people's mindset behind these efforts and we should be in good shape. Reporter: while the builders are pushing their agenda on the hill, realtors are pushing their message as well. They also want foreclosure relief and tax breaks but disagree lower mortgage rates are the total answer. We've want won the interest rate discussion. They're as low as they've been in 50 years. But, buyers aren't buying. Reporter: interestingly, the treasury secretary henry paulson took to his very now temporary podium today to offer his advice to the administration and new congress on how to fix housing.
