Starting today, we are lowering FHA mortgage insurance payments by nearly 40% for all new homebuyers. That means millions of families will save on average $800 per a year.
@VP So by reducing the money that helps provide a safety net for marginal loans, you encourage even more marginal loans, and don’t see a looming mortgage default arising as a result, with insufficient reserves to handle the losses? Why are you celebrating such a poor decision?
It’s so obvious that there are those that will keep giving away “free” money even as our country is weakened in order to remain in power. 31+ trillion national debt, banks failing, rampant inflation, open border, drug and crime epidemic and they’re only focused on remaining in power. Sucks.
@tomowenokc @VP They're grabbing at financially insignificant straws in an effort to distract from the crushing policy mistakes they have made that are destroying the middle class.
@tomowenokc @VP Pre cursor to 2009 all over again.
@tomowenokc @VP Because most people done know what it is😂
@tomowenokc @VP I can't wait to buy more forclosures for a fraction of the cost!