Fed to become lender for jo public 1.5 percent morgate econy will turn, change back into inflatin mode.
fed to nudge banks to offer morgage rates below 2percent
- Thread starter traderight07a
- Start date
How stupid is that?
Further penalize those who save & are responsible with money.
Help those lucky enough who have good jobs & can easily qualify for mortgages & buy (since banks are mainly lending to well qualified borrowers).
Cause inflation of prices & price other people not as lucky or temporarily not qualified to buy out of the market.
Fuck up the housing market with bubbles & contractions even more.
The housing market does NOT need FED/Gov meddling!
Further penalize those who save & are responsible with money.
Help those lucky enough who have good jobs & can easily qualify for mortgages & buy (since banks are mainly lending to well qualified borrowers).
Cause inflation of prices & price other people not as lucky or temporarily not qualified to buy out of the market.
Fuck up the housing market with bubbles & contractions even more.
The housing market does NOT need FED/Gov meddling!
Are you making this up? Is this for real?
Hell...I will refi at 1.5% if thats true. I will also pull out a little equity at that rate.
Hell...I will refi at 1.5% if thats true. I will also pull out a little equity at that rate.