Like I said, I don’t do loans… This was sent to me but it would be interesting to hear from some who do loans to comment.
Once again, I am sure many will chime in that of course this is not going to affect the slowdown at all. I have always consistently voiced concern over programs like this and others with a belief that they will indeed affect the slowdown. I don’t believe they will halt the slowdown but to continue to say they will not affect things is something I do not agree with.
I am hoping a mortgage broker reads the above and chimes in that none of it is true. Again, this is all speculative at this point. Yet it is much less speculative then it used to be.