How will ending 30 year fixed rate mortgages affect real estate values?
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?
Candy Vending Machines
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?
Candy Vending Machines
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