Thursday, October 16, 2025

DARTH POWELL: It was all immigrants overpaying for houses using taxpayer provided welfare.

Twyla asks, "So, is the housing bubble about to burst?"

Darth Powell answers, "It already burst."

Okay, what's a loan lock and how does it "recapitalize the middle class?

A lock-in or rate lock on a mortgage loan means that your interest rate won’t change between the offer and closing, as long as you close within the specified time frame and there are no changes to your application. 

Yeah, I'm not getting it.  I don't see how this recapitalizes the middle class or how this lowers housing costs.  I've got nothing.  Anybody else?

 

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