Does that mean that the homeowners can get

the new loan amount of 90% current home value at lower fixed rate (how low compared to the current mortgage fixed rate for 30-year or 15-year) if they qualify?
Is that fair to those who can make the payment (less than 40% of their monthly income), have to continue to pay the bubble-priced mortgage loan amount at higher interest rate?

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Not fair to these people. But positive effect will be huge -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 07/24/2008 postreply 13:37:40

回复:Not fair to these people. But positive effect will be huge -kitten- 给 kitten 发送悄悄话 (152 bytes) () 07/24/2008 postreply 13:39:57

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