I agree with Bugs. It isn’t – Piggington's Econo-Almanac

August 30, 2007 at 9:57 AM #82570

Participant

I agree with Bugs. It isn’t going to make a difference for the vast majority of borrowers, especially in CA.
Unless Freddie is going to give a loan out at 1%, a family earning $80K still can’t pay off that $1mil house