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Reply to "How the US is subsidizing high-risk homebuyers"
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[quote=jsteele][quote=Anonymous]I have been searching for more information on this plan. What I did find is that this is for people who purchase or refinance after May 1. Regardless of whether those with a high credit score and 15% or 20% down payment have an advantage already, they are [b]still getting punished for having good credit and saving for a down payment.[/b] [/quote] They are not getting punished. Buyers with high credit scores and large down payments have an advantage now. They will continue to have an advantage after May 1. The advantage is not as big, but it is still significant. [/quote]
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