Relevant:
- With Fixed Rates This Low, Who Needs ARMs?
- Debate on housing restart raises questions over 30-year fixed-rate mortgages
- FHA Mortgage: The Federal Housing Administration is Tightening Qualification Standards
- 30-year fixed, 15-year fixed unchanged this week
- 30-year fixed-rate mortgage comes under attack
2010-10-19 — businessservicenews.com
"The Federal Housing Administration and HFA have teamed up together to bring new homeowners a new 30 year fixed rate mortgage."
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Comments:
catherine at 12:06 2010-10-20 said:
below market prices, ahem..........I am sure they will still go to the 'other' non government guy, right? I remember in the mid 80s when bond money borrowers used to CAMP OUTSIDE MY OFFICE all night, serious come to work in the morning and 100 people would be sleeping lined up on the road to get in line for the 3% money when everyone else was still around 9%. But how low can they go today when we are smelling 3% anyhow, hmnnn...........maybe they are going to create some artificial inflation to BLOW THE REST of the rates up for the 'other' guys....... when government is your competitor, they get to DO ANYTHING THEY WANT.......and the horrible part is they USE your TAX MONEY to strengthen them up to PUT YOU OUT OF BUSINESS. Permalinkadd a comment | go to forum thread
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