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  1. Trump Administration Overturns Obama’s FHA Mortgage-Fee Cut

    Quote Originally Posted by zantax View Post
    Quote Originally Posted by reflechissez View Post
    Ok. You are even more clueless than I thought.
    Nope, they're right. If your credit wasn't great or you couldn't come up with a lot to put down people could end up with rates that high back then. There was also a lot of owner financing back then, when it's that expensive to get a mortgage people get creative.