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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (434539)	11/12/2008 12:59:43 PM
From: one_less	Respond to of 1574054

Here it is ... but it was a different White House, Clinton's White house. "For many potential homebuyers, the lack of cash available to accumulate the required downpayment and closing costs is the major impediment to purchasing a home. Other households do not have sufficient available income to to make the monthly payments on mortgages financed at market interest rates for standard loan terms. Financing strategies, fueled by the creativity and resources of the private and public sectors, should address both of these financial barriers to homeownership." businessweek.com Creative ways to increase home ownership, for millions of people who couldn't afford it. hmmmm ...Wonder why that housing boom busted?