Surly

Fannie, Freddie and the 4.5% Mortgage Myth

Your handout is in the form of NOT losing $100,000 on your home equity since you bought it last year. I'd be happy...

The interest deduction is going to be hard to shake - also most of it isn't really an interest deduction, it is an expense deduction (any prop not lived in by the owner is essentially a business).


On Dec 05 01:13 PM CityKitty wrote:

> What about renters? My rent is going up next month. Where's my below
> market handout?
>
> Here's a plan: we get rid of the mortgage interest deduction and
> mortgage rates will go down to 4.5 on their own.