Home › Forums › Housing › Bailout coming to CA after all › They don’t know!!! It’s a
They don’t know!!! It’s a feeble attempt to throw a bunch of crap against a wall and see what sticks.
A raise will help any future buyers IF they can qualify, full doc. FHA is tougher than FNMA or FHLMC.
Existing homeowners need to figure out if it’s worth being saved. If you owe $600K and it’s worth $500K or less, isn’t a new mortgage toxic too ???
It’s an attempt at stalling what will eventually happen anyways, a return to more reasonable lower prices.
