This is a terrible act by Biden; his term as president will end in 2024.
Biden Raises Costs for Homebuyers With Good Credit to Help Risky Borrowers
Homebuyers with good credit scores will soon be facing higher mortgage fees as the Biden administration seeks to close the racial homeownership gap and get more first-time and low-income buyers through the door.
A new federal rule could raise the monthly mortgage payments of buyers with good credit scores by over $60 a month, while riskier borrowers will get more favorable terms because their fees will be reduced.
Starting in May, the current structure of the Loan-Level Price Adjustment (LLPA) matrix will be upended by the Federal Housing Finance Agency (FHFA) in the hope of addressing housing affordability challenges in the U.S.
But there have been complaints that the rule change is unfair and potentially ineffective.
āIn the short term, this may increase homeownership among the targeted group, but Iām afraid it could decrease homeownership among the middle class,ā Jerry Howard, CEO of the National Association of Home Builders, told Newsweek. āIām not sure that weāre not robbing Peter to pay Paul here.ā
Although George W. Bush was in office during that housing bubble but some people blame Bill Clinton earlier policy that cause the crash. I donāt know do you?
Letās try to figure this out together
Great Recession Timeline
Great Recession timeline of the financial crisisāalso known as the 2008 recessionāwhich lasted in the United States from mid-2007 to June of 2009.
I didnāt ask you what it was called, You clearly stated that it was government actions in 2008 that caused the crisis, are you now claiming that it was something else?
Simply asking, did the crash occur because of Bush policy or Clinton policy
You obviously donāt have a clueā¦ So, for the third time watch the movie and youāll actually learn something based on realityā¦ Not a political driven narrative from your only news source Yahooā¦
Look like we may have a little more details about this
Tucker Carlson departs Fox News, pushed out by Rupert Murdoch
People familiar with the situation who were not authorized to comment publicly said the decision to fire Carlson came straight from Fox Corp. Chairman Rupert Murdoch, with input from board members and other executives at Fox Corp.
Murdoch elevated Carlson from contributor to daily host status in 2016. He moved into prime time in 2017 following the ouster of Bill OāReilly, the successful longtime host who left over sexual harassment allegations.
Carlsonās exit was driven in part by the discrimination lawsuit filed by Abby Grossberg, the producer fired by the network last month, the sources said. Carlsonās senior executive producer Justin Wells has also been terminated, according to insiders.
Grossberg was moved off of āSunday Morning Futures With Maria Bartiromoā and onto āTucker Carlson Tonight,ā where she alleged she was bullied and subjected to antisemitic comments, according to a lawsuit in New York.
Can you imagine him saying something like this about one of his leaders? I can identify numerous shortcomings in his leaders, but he will remain silent as usual.
Fella come running in here when itās just about the leftists yet keep silent when itās about the conservatives and have the nerve to say- If you wanna see unbiased commentary.
In addition to Fox News, CNN is holding their media personalities accountable for their words and actions.
Don Lemon firing from CNN linked to explosive on-air exchange with Vivek Ramaswamy; GOP hopeful reacts
Republican presidential candidate Vivek Ramaswamy sounded off on Don Lemonās firing from CNN, which was allegedly linked to a contentious on-air exchange the two of them had last week on "CNN This Morning."
Ramaswamy said, āItās clearā their exchange āplayed in roleā in what he called a āsound decisionā by CNN in an interview with Fox News Digital Monday.
"I think that any network that wants to foster open debate should embrace that principle by not restricting what someone can say or saying what someone can say is restricted based on their skin color. And I think they made the right decision here," Ramaswamy said.
I think we will learn more in the coming days about both of the firings. We donāt have all of the facts. Very rushed firings, which leads me to believe more is in store.
Have you ever fallen for the same trick twice? If someone takes advantage of you twice, You only have yourself to blame.
Former Fox News personality Megyn Kelly spent several minutes on her SiriusXM show slamming Carlsonās firing as a āterrible moveā by the network, and she asked why other Fox News personalities, whoād also privately questioned Trump and his unproven allegations of fraud while saying the opposite to their viewers, were still employed.
lol