here we go: Trump’s first housing move tanks mortgage applications 3.2%

JakeStarkey

Diamond Member
Aug 10, 2009
168,037
16,520
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
Wow, sworn in on Friday and the market responds to Trump by Monday.

To think that after 8 years you still blame Bush for everything in the economy.
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
Wow, sworn in on Friday and the market responds to Trump by Monday. To think that after 8 years you still blame Bush for everything in the economy.
Go drink your coffee and wake up. Yes, markets respond to stupid admin actions.
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.

Jake? Why didn't Obama cut the rate in the 8 years he was dicking around in DC?
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
Wow, sworn in on Friday and the market responds to Trump by Monday. To think that after 8 years you still blame Bush for everything in the economy.
Go drink your coffee and wake up. Yes, markets respond to stupid admin actions.
Yet 8 years later nothing about the economy is the responsibility of Obama.
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
Obamas FED is in Trumps sights....
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
The government should not be guaranteeing any loans so this is a good thing
 
Mortgage applications have seasonal variation, don't they? Surely a dip in applications in winter is not unusual regardless of who is in the White House.
It was already winter when Trump was sworn in! Your apology doesn't float! The NYSE dropped 125 points yesterday and the word is that was caused by doubts and uncertainties regarding Trumps economic policies. Apologies don't impact trends only concrete actions can.
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
Wow, sworn in on Friday and the market responds to Trump by Monday. To think that after 8 years you still blame Bush for everything in the economy.
Go drink your coffee and wake up. Yes, markets respond to stupid admin actions.
Yet 8 years later nothing about the economy is the responsibility of Obama.
So your deflection fails, and you think it is a good think that the American home buyer is harmed.
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
The government should not be guaranteeing any loans so this is a good thing
Of course it should but not for you.
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
The government should not be guaranteeing any loans so this is a good thing
Of course it should but not for you.

not for anyone
 
Obama waded into FHA and cut the mortgage insurance premium. Trump wants time to examine the FHA program which is a reasonable thing to do, especially given that the crash of 2008 was attributed directly to under-qualified buyers getting mortgages and then defaulting in large numbers.
Trump already suspends Obama-era FHA mortgage insurance cut
The last part is false. The market crashed because of the mortgage bundles falling in value, then home owners defaulting because they lost their jobs.

Stop the Alternate Right Alternate Factoids please.
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
The government should not be guaranteeing any loans so this is a good thing
Of course it should but not for you.

not for anyone
Nope, no 1920s for you!
 
Trump's people have put the FHA on hold, and mortgages dropped 3.2% because of the hold on government-insured loans. Will they put VA loans on hold as well. And volume dropped 18% from the same week the year before. This occured as "a direct result of the Trump administration reversing a cut in the FHA's annual mortgage insurance premium just hours after the inauguration", ending the "the last major policy act of the Obama administration and would have decreased monthly payments for thousands of new, lower-income borrowers"

The result obviously must the desire of Trump's people to have home owners pay higher interest rates to the banks.

Trump’s first housing move tanks mortgage applications 3.2%

Such evil people.
The government should not be guaranteeing any loans so this is a good thing
Of course it should but not for you.

not for anyone
Nope, no 1920s for you!
If you can't afford to buy house without a government guaranteed loan then don't buy a house
 
You gotta be a special kind of stupid to be a dimocrap.

You gotta be even more stupid to believe anything they say or write.

People always decide to buy a home, shop for one, negotiate a deal, make an offer or three and get a counter offer or four and apply for a loan within a matter of a few days.

dimocrap scum are so incredibly stupid that I almost feel sorry for them. But the truth is, I feel more sorry for road kill. At least they actually lived at one time. dimocrap scum just sort of exist. Like the mold around your toilet bowl, nobody knows where it comes from, it just exists
 
Mortgage applications have seasonal variation, don't they? Surely a dip in applications in winter is not unusual regardless of who is in the White House.
It was already winter when Trump was sworn in! Your apology doesn't float! The NYSE dropped 125 points yesterday and the word is that was caused by doubts and uncertainties regarding Trumps economic policies. Apologies don't impact trends only concrete actions can.
I wasn't apologizing. I was remarking. Thanks for the correction! So it's Obama's fault then. OK. Now I apologize for getting that wrong.
 
Mortgage applications have seasonal variation, don't they? Surely a dip in applications in winter is not unusual regardless of who is in the White House.
It was already winter when Trump was sworn in! Your apology doesn't float! The NYSE dropped 125 points yesterday and the word is that was caused by doubts and uncertainties regarding Trumps economic policies. Apologies don't impact trends only concrete actions can.
I wasn't apologizing. I was remarking. Thanks for the correction! So it's Obama's fault then. OK. Now I apologize for getting that wrong.
No, you were apologizing for Trump, alright. Also, work on your word smithing...it needs a lots of polishing up to become even close to witty or even credible with those illogical leaps!
 

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