Today, @FinancialCmte debates the future of housing finance and @FannieMae and @FreddieMac. Will the 30-year mortgage survive?
.@repdavidscott Yes it will with the #PATHAct. More info on our blog: http://go.usa.gov/j2yJ
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@FinancialCmte blog post practically advocates for 5-year ARMs over 30-year fixed. -
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@repdavidscott Goal isn't to promote a single product, but to empower consumers w/ more options. 30-yr fix rate remains one w/#PATHAct
End of conversation
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