Home › Forums › Housing › Gov’t to target 4.5% for mortgages › I wonder if the 4.5% mortgage
I wonder if the 4.5% mortgage will have an income cap or other limitations/conditions (like when you sell, you share the profits).
Some suggestions for Paulson to set conditions:
1. You get 4.5% only if you also buy a brand new Ford/GM/Chrysler or a nice hummer.
2. You get 4.5% if you buy 5000 dollars of toxic securities and keep it until you are 90 years old.
3. You get 4.5% only if you assassinate HLS and stop his gloom and doom radio show.
Decision to buy depends on how long you can wait. I believe long term housing will go much further down and stays there for a while.
