Quote:
Originally Posted by sperbonzo
that's exactly what everybody was saying in 2002, when they were "making it easier for people to buy homes", and "Fannie May and Freddie Mac are perfectly solid", and "low interest rates help the little guy afford a home", etc, etc, etc....
"sigh".... Never Mind.
I think it's time for that drink now.... a little early in the day maybe, but.... I'm just going to walk away.
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Sperger, let me ask you a question.
If you had a mortgage, which you may have, would you complain or refuse the lower interest rate if offered? Would you protest the macro effect of lower interest rates if it benefited you? Or are you only mad when someone else gets a break and you aren't affected by it?
Not trolling, just asking. My mom's mortgage was recently bought by a bank (not a problem mortgage or anything) and I guess they had to refinance them by law, so she surprisingly pretty much halfed her monthly payment. Can't say I ever thought to blame my government about that windfall.