SpokenTruth said:
I'm seriously trying to get how he thinks struggling people are going to qualify for 2% when average rates have never. ever been 2% to begin with. In fact, the lowest I could find was a 2.56% for a 15 year fixed. Yep, because struggling people always have the ability to go for the 15 year fixed option, right? |
It would have been helpful if he had any sources for where he got those numbers. But even by themselves, they're distinctly unhelpful. No indication of what the down payments were, how long the mortgage is, not to mention the possible omission of other costs such as insurance and taxes. Nor did he mention where those houses would have been purchased or what year.
As it stands, literally everything he wrote was wrong. I am singularly impressed with the sheer density of illogic and mathematical errors his little post had. It was as if Beloved Leader himself was slapping his stubby little fingers on the calculator.
