Kamala to give $25k to 1st time home buyers, 🚫🐝
(twitter.com)
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Bold move. That'll bring down the principal by 5% and drop the 6.5% mortgage rate for those with very good credit down about 200/mo on a 450k house. Most of the people still listening to have credit scores that'll = 10% mortgages save the elites.
Desperation move
Targeting the 20-30 yr olds. Most who have excellent or good credit probably have a home. Wont go well when sub prime bursts! Thats when the real money will move on housing (investment)
Love the stock image: https://www.bankrate.com/mortgages/what-is-a-subprime-mortgage/
😂