With a stroke of a pen Biden is now raiding the mortgage rates for those who have good credit to subsidize those with bad credit seeking a mortgage. The mortgage industry is already on its knees, not to mention it’s a kick in the head to people who pay their bills to now get to pay for someone else’s house.
https://www.foxnews.com/us/biden-rule-redistribute-high-risk-loan-costs-homeowners-good-credit.amp
https://www.foxnews.com/us/biden-rule-redistribute-high-risk-loan-costs-homeowners-good-credit.amp