Name:   MartiniMan - Subject:   Biden decides that People with good credit scores Date:   4/24/2023 9:15:17 AM

I actually don't understand how this will work out given the already fragile mortgage and banking business.  I think once again the law of unintended consequences will come back to haunt us as is the case with almost everything Brandon does.  Rates are already up and have impacted the housing and mortgage markets.  More people will simply choose to rent or will be forced to buy less expensive homes. 

And does anyone believe that people with low credit scores are going to line up to buy a house simply because they get a little better rate and slightly lower costs?  From what I read it will increase the cost on a $400,000 home around $40 per month.  Or that banks are going to change their approval process?  This stupid EO will accomplish nothing other than driving real estate values further down.  As Forrest Gump said, "Stupid is as stupid does."  And Brandon was always stupid.....he's now morphed into a stupid person with dementia.  A deadly combination for the rest of us.