Friday, March 24, 2017

Mortgages are the lifeblood of the US economy

Posted by Timmy
The housing market is a major driver of the US economy.  Since for most people their biggest investment is their home, it is crucial to have access to funds to purchase a home.  Recent reforms have made it more difficult for people to obtain the funding through mortgages.  I hope that the new administration will moderate the restrictive measures taken to make mortgages more difficult to obtain.  Home financing puts more money into the economy, into people's pocket, and drives growth.

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