All mortgage interest rates should be in the 2%, 3% or 4% interest range for the least qualified buyers. All buyers need to have 20% down and then there would not be any foreclosures.

With low interest rates the housing markets would get back under control and the inventory would subside.

The high interest rates by the Federal Reserve are the bane of our economy, the banking system, and the brokerage houses.

There was so much profit with all the derivatives stemming from these high interest rates that there was opportunity for creating derivatives ten times the value of the original mortgages. This sheds light on how much mortgage buyers were overpaying for mortgages that primarily benefitted the banks.

I suggest a house buying boycott until the mortgage interest rates come down to where they were right after WWII, well under 4%.

Considering the state of the economy now and the nationalization of the banking industry it seems appropriate for the lowest mortgage rate to be in the 2% range.

The country must DEMAND much lower housing mortgage rates.