2 ms·
Let's also not forget that this is another way to subsidize housing security for current (boomer) homeowners at the expense of putting homeownership farther out
by evrydayhustling 6y ago
Let's also not forget that this is another way to subsidize housing security for current (boomer) homeowners at the expense of putting homeownership farther out of reach for the young.
- CrazyStat 6y agoThis is a fee on refinancing. It effects current homeowners who want to refinance, not people who are looking to secure a mortgage for a new home.
- evrydayhustling 6y agoMissed that, which makes my comment pretty dumb. I stand corrected!
- loco5niner 6y agoTo be fair, the title does say "New US mortgages". Way to own it ;-)