[quote=svelte]Well I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…[/quote]
svelte gets this about right. Trillions will be directed to homeowners. As a result, they will be better off than they otherwise would by… trillions. Not all will benefit directly from all the programs, but that doesn’t really matter. Even those who never receive a penny directly will benefit from having their home values kept above their free market value.
