@C Delroy Spuckler
Do you mean ‘help’ to reinflate?
Presently, I think Ginnie Mae purchase of FHA loans is the biggest “help”, with FHA 3.5% down loans, low interest rates, and tax credits right behind.
But, in the long term, I think all of these “helps” will be more of a hindrance to both the housing market and to the economy.
What do you think?
C Delroy Spuckler
October 31st, 2009
So what do you think is doing more to help… the $8k credit, or the 3.5% down FHA loan?
(Of course, I assume rates being kept artificially low at 5% is the biggest)
cdcrez
October 31st, 2009
@C Delroy Spuckler
Do you mean ‘help’ to reinflate?
Presently, I think Ginnie Mae purchase of FHA loans is the biggest “help”, with FHA 3.5% down loans, low interest rates, and tax credits right behind.
But, in the long term, I think all of these “helps” will be more of a hindrance to both the housing market and to the economy.
What do you think?