Although the Fed keeps lowering the fed fund rate, the mortgage rate are not going lower but higher. Thanks to the lenders that the Fed was trying to help. The lenders try to spread the risks and start raising mortgage rate. The fed should considering stop helping the lenders but loan money directly to the distress homeowners instead to save the economy. My thought!
So let me paraphrase your plan. You want my tax dollars to be “loaned” to a homeowner who already cannot pay their mortgage and is facing higher payments when their rate resets.
Why don’t you just say you want me to give them money so they can stay in their million dollar home at my expense? Talk about tax breaks for the rich …
How about we just let the market correct. That’s cheaper for everyone in the long run.
So let me paraphrase your plan. You want my tax dollars to be “loaned” to a homeowner who already cannot pay their mortgage and is facing higher payments when their rate resets.
Why don’t you just say you want me to give them money so they can stay in their million dollar home at my expense? Talk about tax breaks for the rich …
How about we just let the market correct. That’s cheaper for everyone in the long run.
So let me paraphrase your plan. You want my tax dollars to be “loaned” to a homeowner who already cannot pay their mortgage and is facing higher payments when their rate resets.
Why don’t you just say you want me to give them money so they can stay in their million dollar home at my expense? Talk about tax breaks for the rich …
How about we just let the market correct. That’s cheaper for everyone in the long run.
So let me paraphrase your plan. You want my tax dollars to be “loaned” to a homeowner who already cannot pay their mortgage and is facing higher payments when their rate resets.
Why don’t you just say you want me to give them money so they can stay in their million dollar home at my expense? Talk about tax breaks for the rich …
How about we just let the market correct. That’s cheaper for everyone in the long run.
So let me paraphrase your plan. You want my tax dollars to be “loaned” to a homeowner who already cannot pay their mortgage and is facing higher payments when their rate resets.
Why don’t you just say you want me to give them money so they can stay in their million dollar home at my expense? Talk about tax breaks for the rich …
How about we just let the market correct. That’s cheaper for everyone in the long run.
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