Quote:
Originally Posted by elphenor
Right they will be higher than X where X is what the rates would have been when the new law was applied
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It was clearly a political move to blame a fiscal decrease in the mortgage industry on Trump and spark worries of another 2008.
Quote:
Originally Posted by elphenor
It is effectively the same result if Trump announced a $500 a year penalty on homeowners because the gov needs more money
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After giving them $500 first.