Hillary just proposed freezing mortgage rates for five years and a 90 day moratorium on foreclosures.
Is she nuts!
She is a communist. Private use of money is anathema to her.
“Hillary just proposed freezing mortgage rates for five years and a 90 day moratorium on foreclosures.
Is she nuts!”
Of course she is going to do this A YEAR FROM NOW!! Big help that would be.
I know several of my friends in Britain go for that option they may pay more than the current interest rate but at least they know whatever happens how they can budget their mortgage payments for the next 3 - 5 years.
Few financial institutions will want to issue mortgages if they know the government can nullify their contracts - this is all part of Hillary's stealth plan to nationalize the mortgage industry. Complete nationalization of lending institutions to follow.
Said the same during the last debate and I believe I heard some applause from the audience.