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President Biden
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<blockquote data-quote="Box Ox" data-source="post: 5570414" data-attributes="member: 48469"><p>[URL unfurl="true"]https://www.foxbusiness.com/real-estate/real-estate-expert-shreds-biden-rule-punishing-homebuyers-good-credit-madness[/URL]</p><p></p><p>“A new rule from the Biden administration will have good-credit home buyers paying more monthly to subsidize costs for high-risk buyers.</p><p></p><p>Experts believe that borrowers with a credit score of about 680 would pay around $40 more per month on a $400,000 mortgage under rules from the Federal Housing Finance Agency that go into effect May 1 — costs that will help subsidize people with lower credit ratings also looking for a mortgage, according to a Washington Times report Tuesday.”</p><p>___________</p><p></p><p>"we're talking about real money. This could be $100 a month more, depending on the size of your loan.”</p></blockquote><p></p>
[QUOTE="Box Ox, post: 5570414, member: 48469"] [URL unfurl="true"]https://www.foxbusiness.com/real-estate/real-estate-expert-shreds-biden-rule-punishing-homebuyers-good-credit-madness[/URL] “A new rule from the Biden administration will have good-credit home buyers paying more monthly to subsidize costs for high-risk buyers. Experts believe that borrowers with a credit score of about 680 would pay around $40 more per month on a $400,000 mortgage under rules from the Federal Housing Finance Agency that go into effect May 1 — costs that will help subsidize people with lower credit ratings also looking for a mortgage, according to a Washington Times report Tuesday.” ___________ "we're talking about real money. This could be $100 a month more, depending on the size of your loan.” [/QUOTE]
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