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Equitable home loans start today

Posted on 5/1/23 at 8:38 am
Posted by bamabonners
North Alabama
Member since Nov 2015
2093 posts
Posted on 5/1/23 at 8:38 am
Hope y'all with good credit got your loans signed last week.

This has to be reversed by the next competent administration.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18731 posts
Posted on 5/1/23 at 8:39 am to
Yeah because so many government programs get reversed. There is nothing as permanent as a temporary government program.
Posted by bamabonners
North Alabama
Member since Nov 2015
2093 posts
Posted on 5/1/23 at 8:43 am to
And you know the amount will increase over time. They can't help themselves...
Posted by Pezzo
Member since Aug 2020
1975 posts
Posted on 5/1/23 at 8:50 am to
remember when income tax was "temporary"

lol
Posted by Fun Bunch
New Orleans
Member since May 2008
116321 posts
Posted on 5/1/23 at 8:51 am to
We will have yet another massive mortgage crisis in 5-8 years, and the Dems will stare around blankly and say "Not us!"
Posted by WillyLoman
On Island Time
Member since Dec 2007
1719 posts
Posted on 5/1/23 at 8:53 am to
quote:

Hope y'all with good credit got your loans signed last week.



This is a good thought but this new pricing was implemented by lenders a couple of months ago. Today is the day the GSEs require loans sold to them to have the new hits factored in. So any loan originated in the last two months most likely had this priced in.
Posted by Y.A. Tittle
Member since Sep 2003
101665 posts
Posted on 5/1/23 at 8:53 am to
What's the easiest quickest way to frick up one's credit? I'd like to try to get in on one of these as soon as possible and trying to figure out what's the best way to get there.
Posted by bizeagle
Member since May 2020
1168 posts
Posted on 5/1/23 at 8:55 am to
Hard to believe this is not challenged in court. Can't see how this tax was voted on by congress. This is a tax by dictators
Posted by winkchance
St. George, LA
Member since Jul 2016
4128 posts
Posted on 5/1/23 at 8:57 am to
1994 and 2008 all over again. The same thing was done under Clinton and resulted in the crash under Bush.
Posted by roll to victory
Hoover, AL
Member since Aug 2018
883 posts
Posted on 5/1/23 at 9:05 am to
Socialism at work.
Posted by npt817
Prairieville, LA
Member since Sep 2010
1376 posts
Posted on 5/1/23 at 9:37 am to
This pricing adjustment has been in effect for the last 2 months. It’s for any loan that is delivered to Fannie/Freddie on or after May 1st which is any loan that closed in April.
Posted by Stumpknocker
SWLA
Member since Mar 2021
479 posts
Posted on 5/1/23 at 9:37 am to
Gimme 2 of them loans and 5 dollars on pump 6!
Posted by BjornIronside
Member since May 2023
116 posts
Posted on 5/1/23 at 9:55 am to
quote:

We will have yet another massive mortgage crisis in 5-8 years


How will this create a mortgage crisis?

I am 100% positive you have no idea what this even means
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105448 posts
Posted on 5/1/23 at 10:00 am to
quote:

BjornIronside



Look at the new operative coming in to shill for the Fascist left.
Posted by BjornIronside
Member since May 2023
116 posts
Posted on 5/1/23 at 10:01 am to
So you cant explain it either?
Posted by Bandit1980
God's Country
Member since Nov 2019
3761 posts
Posted on 5/1/23 at 10:56 am to
This is vote buying..........period.


Brought to us by the cowardly, ignorant, jackass Dem party.
Posted by FooManChoo
Member since Dec 2012
41779 posts
Posted on 5/1/23 at 10:59 am to
For an ideological group claiming to be all-in on solving injustice, their solutions include a suspicious amount of injustice.
Posted by umrebel2009
Member since Feb 2010
7295 posts
Posted on 5/1/23 at 10:59 am to
If you have a good credit score can you get someone with bad credit to co-sign to get a lower interest rate?
Posted by hawkeye007
Member since Feb 2010
5892 posts
Posted on 5/1/23 at 10:59 am to
(no message)
This post was edited on 5/1/23 at 11:13 am
Posted by NCAAFootballGenius
Member since Nov 2006
323 posts
Posted on 5/1/23 at 11:12 am to
I get that it probably doesn't help low credit scores as much as intended, but how does it not hurt the people with high credit scores? How did the 740 borrower get the 6.25% and not get a higher rate based on the new policy?
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