[LUconn]

I bought my home at a point where the interest rates had started to rise a bit 2 years ago. It replaced the mortgage on my previous home in which I had gotten in on some all time low rates which was about 2 years prior. So I've been watching bankrate.com for the last year or so, looking into doing a refinance to maybe get a better rate and bring down the monthly payment a bit. There were a couple times where I probably should have pulled the trigger but the rates fluctuate daily so obviously you can never tell what the lowest rate is until it's gone. But anyway, I'm patient and am not behind so it's not too big of a deal. Which is what makes me so irate about what's going on.

http://www.bankrate.com/brm/news/mtg/ba ... ews-a1.asp

If you're current on your mortgage, and didn't borrow more than you could repay, the federal government thanks you for your responsibility. That and four bucks will buy you a cappuccino.

He recommends a rate "in the low 5 percent range, to get everyone's attention. That's going to motivate people to do this."

Low 5s for idiots who bought a house they couldn't afford? Screw you U.S. government. How about if I don't pay taxes for a few years and get behind on my payments on my settlement? Would they be willing to let me off the hook? Doubtful.

[Realist]

Don't get me started. Let's reward stupidity.