I don’t feel bad and you shouldn’t either. If you have been smart you aren’t a debt slave who has to work just to pay your mortgage and CC bills. I, for one, can’t imagine the stress these people have will the bills they pay. It is nice to get your paycheck, pay your rent and other small bills and have a huge chunk of it go into savings. The stress relief alone is worth it.

I still believe this rate freeze is a non-starter. It, once again, does not solve the problem of home prices being so far out of whack with incomes.