Replies to post #413670 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

25% across 360 months or 30 years is less than 1% a year

It would be affordable but the safety net for lenders has been to a HUGE extent a flat or upward biased housing market and the cushion of the down payment

Also - that sure looks like renting in many ways and whey would people not just walk away