Obama encouraging people to buy homes at new low mortgage rates?

ah


ahaha


ahahaha


Whoopee! ~


but~~


omg


Oh Obama


in order to buy a friggen home you have to have a job !


and you can't very well buy a home if you've had your home foreclosed on.!


I mean - who is he 'encouraging'?Obama encouraging people to buy homes at new low mortgage rates?
ahh, I see you saw, it's obviously an attempt to get money flowing again between banks.





Those who have lost their jobs and/or been foreclosed need not apply.Obama encouraging people to buy homes at new low mortgage rates?
It is very similar to the program the GM has where they will make payments for you if you buy a new car and lose your job. If you are in financial trouble, as a country or a business, you should not try to do things that hurt your bottom line. I am no business major but I do understand that you can not make money by giving it away.
That's a terrible idea. Isn't that how we got into this mess.





On the upside the home value will outperform the $. Check it out $1 became 97 cents last month.





http://americanaffairs.suite101.com/arti鈥?/a>
Ha Ha Ha ........I guess he's hoping ';The Rich'; people will buy some.





The mortgage rates may be low but all other interests are going up.


Bank of America announced that their credit card interests even on their good customers are going up.
What is ironic is that people taking advantage of low interest rates buying homes they could not afford caused the problem. What is his plan for coping when interest rates rise?
He is also encouraging them to refinance their current home...





Why aren't you shopping to show the terrorists they can't beat us?
So you want him to encourage people not to buy homes?





Yeah, your plan is brilliant!
How about try to hold on to their home