[stylin19a]

Spending $50 billion to lower mortgage rates would yield about 500,000 more home sales, projects the National Association of Realtors.

The article is all over the place.

I don't get it. Why does anyone have to spend money to lower a mortgage rate ?

Why would it make a home more affordable under new (really old) credit guidelines ?

[dalereed]

It only benefits realtor's by generating undeserved commissions!

[Riley]

Speaking from present experience- I am buying right now. You have to pounce like a hawk on a field mouse when a decent, affordable property hits the market. I have had several that I’ve written offers on buried under a flurry of competing offers. I usually get priced out.
This is in Northern Virginia, in the DC Metro area. I just wrote one on Sunday; I need somewhere to live! I sweetened it as much as I can afford to, here’s hoping I get it.