Talk of The Villages Florida - View Single Post - Mortgages--No more "Mr. Nice Guy"
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Old 01-22-2017, 01:50 PM
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Default A safe bet-you did not vote for trump

Quote:
Originally Posted by Guest
."...And also, soon after he was sworn in, Mr. Trump signed an order to roll back a discount on the fees for a federal mortgage program that helps middle-class homebuyers. ..."
CBSNEWS

Now, see what the orange-faced pig did to help your kids get a mortgage?

What an AH!
RE: Mortgages
While the mortgage rate has gone up a bit it is still at historical lows.
When, mortgage rates are low people can and do spend more for a home. That is simple price inflation.
Personal experience-we bought our previous home that we sold before moving to the villages we bought with a 25 year mortgage at 8.75%. We lived in that house for 40 years and sold it for roughly 6x what we had paid for it. WOW-great except that in those 40 years most everything you buy has gone us the same 6x. Your kids,
might find as we did that they need to live beneath their incomes and SAVE. It seems to be a strange concept in our LIBERAL WORLD. We all have a choice. Either EARN what you want and need or CRY to others.
The concept of let the government pay for it has allowed the LIBERALS to forget. They are the government. Obama ran the government like a credit card fool. The national debt is now TWENTY TRILLION DOLLARS. The share of that debt attached to every man, woman and child in the US is estimated at $85,000. In another source, I read that if we put in a concerted effort to pay of our national debt it will take 40 years. Obama left that unpaid tab on the desk for future presidents to pay back.

SOLUTION-I DO NOT HAVE ONE-DO YOU?