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I found this on Twitter. The government is raising G-Fees so that Bernanke's housing stimulus from monetary easing is not being "transmitted" properly. Stated diffently, Fannie and Freddie do NOT want you to refinance your mortgage. THANKS BIG GOVERNMENT!
1 posted on 01/31/2012 12:03:43 PM PST by whitedog57
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To: whitedog57

Stated even differently, the government wants you to refinance say they can save you $400 dollars for two months of payroll taxes, so they can charge you $4,000 dollars extra on your refi.

Typical government math, borrow money for two months and take 10 years to pay for it.

All the while, “helping” out our citizens.


2 posted on 01/31/2012 12:28:19 PM PST by NOVACPA
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