Biden Admin Targets New Homeowner Aid That Could Reduce Mortgage Payments By Up To 25%

Comment by tonytran2015: This is a blatant a communist show. If the government worries about renters not being able to pay rents why doesn’t it directly pay rents for them? If the government worries about buyers not being able to pay installments why doesn’t it directly pay installmentts for them?

https://www.nationandstate.com/2021/07/29/biden-admin-targets-new-homeowner-aid-that-could-reduce-mortgage-payments-by-up-to-25/

As if the ongoing moratorium on evictions (which shows literally zero signs of ever going away) wasn’t enough government “relief” for those suffering , the Biden administration is now going to be implementing a policy to reduce monthly payments by up to 25% for borrowers