Joe Biden CHANGED the Rules for Mortgage Rates

Libhater

Libhater

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If you have a credit score of 740+ (which I have) you and I will pay an EXTRA 1% on yours/my mortgage. Those with 620 or less will get
a 1.75% DECREASE? Besides being insane, how is this legal? :fart::fart:

Is this more of the Left's socialism in action? People here at this forum (especially dems) need to pay more attention to my avatar.
 
Yes, this is very much socialist thinking from the radical Left. Equity and equality in the literal sense is a staple of the Left. Too smart, get denied a job and it gets given to a moron because that's fair and equal...

Successful, working hard, making lots of money? You're a fool in a radical Leftist socialist society. The government will just take what you've earned and give it to some lazy, dope smoking fuck that doesn't have anything because that's fair and equal...
 
Libhater said:
If you have a credit score of 740+ (which I have) you and I will pay an EXTRA 1% on yours/my mortgage. Those with 620 or less will get
a 1.75% DECREASE? Besides being insane, how is this legal? :fart::fart:

Is this more of the Left's socialism in action? People here at this forum (especially dems) need to pay more attention to my avatar.
Click to expand...

it is insane. Everyone should pay the same.
 
They dont even pretend that the citizens run this country anymore, they do what ever the fuck they feel like via dictates.

SCOTUS will not be saving either you or the Constitution....that America is over.
 
Nordberg said:
it is insane. Everyone should pay the same.
Click to expand...

Interest rates, down payment, etc., are based in part on someone's credit history because that is a good indication of whether they can and will pay a loan off. If your credit history has a list of times you failed to pay on time, or were short on the payment, that tends to indicate to lenders that you are likely to do it again. Thus, they charge you more as servicing your loan, possibly not getting payments on time, or even defaulting will cost them money compared to someone who gets a loan and pays it off promptly and on time.
 
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