### Comment:
I think they are referring to taking on more risk of front by allowing for a lower down payment as a % of the whole. This will lead to higher rates for people who already can’t afford it most likely. Sure you save some up front but they’ll get fucked over the course of the loan by interest.

### REPLY:
But the thing it people like me pay our rent every month and that rent is expensive enough to be a mortgage on a decent home/condo. I make enough to pay the rent but not enough to save 10-20k in a reasonable amount of time, and while saving I’m wasting the money every month on rent. A lot of wealthier people (not saying you’re rich) seem to constantly forget us popes pay for our housing right now with 0% equity, so even getting screwed by interest makes us better off.

### END.