Folks, to date, my Administration has cancelled student debt for nearly 5 million borrowers through various actions.
Republicans in Congress have fought us every step of the way, but we didn't back down.
We won't now.
Ok. Let us pretend that it does not impact the price of homes.
Before Biden came, mortgage rate hovered around 3 to 4%. Let us take the higher end 4%.
Loan amount - $500K
Monthly payment (30 yrs.):
Before Biden (4%)- $2,387.08
After Biden (7.596%) - $3529.00
Difference - $1141.92
Now, by offering this $25K, with your calculation the buyer may be eligible for $176 discount. They will still be paying $965.92 more than they would have paid under Trump.
So, if we can just bring Trump back, the buyer saves almost $1K per month, even without loading taxpayers for this extra money that will be required to fund this $25K subsidy.
@mcuban, it is really baffling to see that a businessman like you, who made money simply because America runs on Capitalism (market forces shaping the business), is recommending this Venezuela style interference, and that too, which is going to cost buyers $1K extra per month (then buyers were paying under Trump).
I wouldn't advise anyone to buy at 7% unless you can buy the rate down or wait for rates to drop .50 basis or more. My advice is never to finance FHA, cut your debt to 20% or less, save 20% down go conventional you will have more options. A good agent knows if a lower offer has a
Simone Biles has no relationship with her birth mother, who abandoned her as a child. She grew up in poverty and was raised by her grandparents.
She's worked hard for everything she has, whether it's a nice bag, car, or house.
Why purposely paint her as a villain?
That is because he hasn't fought ANY top guys like Martin, Zepeda, Keyshawn, Muratalla. Tank has stopped both Barrios and Ryan bigger fighters SS would have great difficulty with.
Shakur feels there’s a double standard when it comes to how fans judge his fights — do you agree? 🤔
Watch @ShakurStevenson’s full interview with @andreward on the ATS Fight YouTube ▶️ https://t.co/lr0hNdAkRC
🍿 Fight rumour of the day!
😳 Some reports that Gennadiy Golovkin has been offered a fight against Terence Crawford in Saudi Arabia
👀 Thoughts on this random match-up?
#SaturdayStories
I'm no fan of Lopez his skills haven't been the same since fighting Loma. The dude still has power Haney has no pop. Might get another beat down like Garcia gave him. Let's see who he fights next.
CA was young then but much more skilled now. His skills are avg at best the only way Bumlinga has a chance is if he brings help. This ends in 7 or less.
Gervonta Davis
In my Opinion is the only fighter out the bunch that’s setting a example for the next generation of boxers he’s not out here Drinking,Smoking, violently punching people, bashing other fighters, he doesn’t row in big groups
He doesn’t have anyone speaking for him💯