literally no one believes that.Jan 2016 hubby got new job. No benefits anymore.
How would my payment go up? Fixed mortgage.Lol
Alternative facts
Haters.L-O-L!!
Ready for the beans, man? 6 hours on the lowest flame...another hour or so to go...
View attachment 3885230
Haters.
in my day we had a way to deal with leaders who's methods had become....unsound.you don't think these measures will fail? well, time will tell. if there's truth, it will bear out.
How would my payment go up? Fixed mortgage.
Lump in throat
Oh.....that policy!President Donald Trump blocked an Obama administration policy Friday that would have reduced the cost of mortgages for millions of home buyers.so
President Trump, flanked by Vice President Pence and chief of staff Reince Priebus, signs an ...more
Evan Vucci, AP
Here’s a look at what Trump’s first executive action means for your mortgage:
What Happened?
In the first hour of Trump's presidency, the U.S. Department of Housing and Urban Development sent a letter to lenders, real estate brokers and closing agents suspending the 0.25 percentage point premium rate cut for Federal Housing Administration-backed loans. The new rates, announced on Jan. 9, would have gone into effect on Friday.
Who Does The Cut Affect?
The action will affect millions of home buyers with an FHA-backed mortgage. FHA backs about 16% of the country's new mortgages. FHA loans offer easier credit requirements, lower down payments and smaller closing costs, according to the U.S. Department of Urban Housing and Development.
William E. Brown, the president of the National Association of Realtors, said the cut allowed more people to qualify for a mortgage because more borrowers could meet the debt-to-income ratio required to borrow money.
How Much Will It Cost Home Buyers?
That cut would have saved home buyers about $29 a month on a $200,000 mortgage. U.S. Sen. Chuck Schumer, a Democrat from New York, said the cut equaled an average of $500 per year.
Originally Published 1:25 p.m. ET Jan. 21, 2017
Updated 7:29 a.m. ET Jan. 24, 2017
glad to see you can at least admit trum is already making life more expensive for middle class folks.it is not that much of an increase....I hardly call that being fleeced.
I dont pay mortgage insurance. Dropped it when I refinanced.
Otherwise i would have to read up on it. 29 dollars for a 200k home? If you can afford tha much house it is not that much of an increase. If it applies to me that i would only see less than 10 dollar change.
I hardly call that being fleeced.
I didnt even have fha backed insurance. I had pmi. Now i do not.First things first, go after rate reduction on FHA loans. Maybe that's what he meant, screw over America first. Yes, your shit just went up. 250$ a year x 30 years = 7500$ yep you got shagged, honey.
They offered it to me. Is was so little but I didn't get it. Won't need it.I didnt even have fha backed insurance. I had pmi. Now i do not.
Again even if i did, .25% equates to 16 dollars a month.
I will survive.
$16 a month x 12 months x 30 years = $5760I didnt even have fha backed insurance. I had pmi. Now i do not.
Again even if i did, .25% equates to 16 dollars a month.
I will survive.
What fucking math are you using with 29 dollars on a 200k home ? You fucking nitwit.I dont pay mortgage insurance. Dropped it when I refinanced.
Otherwise i would have to read up on it. 29 dollars for a 200k home? If you can afford tha much house it is not that much of an increase. If it applies to me that i would only see less than 10 dollar change.
I hardly call that being fleeced.
.25% x 79k is 16 dollars a month. IF I had FHA insurance, which i do not, that would be the increase.What fucking math are you using with 29 dollars on a 200k home ? You fucking nitwit.
Is this some "alternative math "
The cut would have been 0.85 percent to 0.6 percent. Which on a 500k home is $1,250 annually.
Go suck some strangers cuck. Only thing you good for bucket
really?.25% x 79k is 16 dollars a month. IF I had FHA insurance, which i do not, that would be the increase.
No mortgage insurance hike for me because I do not have mortgage insurance. Even if I did, it would only have raised it 16 dollars a month. Wouldnt have mattered to me.
I didnt even have fha backed insurance. I had pmi. Now i do not.
Again even if i did, .25% equates to 16 dollars a month.
I will survive.