For homeowners looking for a new place but worried about giving up their lower mortgage rate, I'm proposing a $10,000 tax credit if they sell their starter homes. That means more folks can get into houses that suit their needs, unlocking affordable homes for first-time buyers.
@POTUS It takes an income of $121k to qualify for a 400k house today. That's 54k more than just 4 years ago! That higher qualification gets you the privilege of paying $700 a month more in mortgage payments.
Let me get this straight... Sell your starter home that has a 3% rate and buy a home with an 8% rate? That's the deal? Let's take a $300k house as an example. At 3% for 30 years that's $155k in interest while at 8% it's $493k in interest. So the plan is give a $10k CREDIT and cost people $338k MORE? Bidenomics for ya!!
@POTUS Secret Service protection for Kennedy now
@POTUS 10,000 doest he not know that's literally nothing in his economy it's value is basically 5000 and when trying to buy a minimum 300k house is a literal drop in a bucket.
@POTUS WE HATE BIDEN'S COMMUNIST REGIME - SHUT IT DOWN PERMANENTLY!
@POTUS We just had a violent breech at Gate 36 on the border and this is what you post?