Mortgage Guide

campnstarz asked:


If there are 300 million people in America, and likely less than 100 million mortgages, a buy out of less than 100 million could stop the leveraged mortgage meltdown. Why not stop it at the source and only spend 100 million instead of the billions?

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Won’t get fooled again. asked:


With the plan to kill Fannie and Freddie, and having all mortgage financing done by banks, I am reading that 30 year fixed rate mortgages will not be available. Mortgages will be much more expensive, presumably with variable rates. With fewer people able to afford home purchases, will house values take a further hit?

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