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President Biden

@POTUS

46th President of the United States, husband to @FLOTUS, proud dad & pop. Tweets may be archived: https://t.co/HDhBZBkKpU Text me: (302) 404-0880

calendar_today13-01-2021 00:37:08

8,8K Tweets

34,8M Followers

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For homeowners looking for a new place but worried about giving up their lower mortgage rate, I'm proposing a $10,000 tax credit if they sell their starter homes.

That means more folks can get into houses that suit their needs, unlocking affordable homes for first-time buyers.

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President Biden(@POTUS) 's Twitter Profile Photo

President Biden Let me get this straight... Sell your starter home that has a 3% rate and buy a home with an 8% rate? That's the deal?

Let's take a $300k house as an example. At 3% for 30 years that's $155k in interest while at 8% it's $493k in interest. So the plan is give a $10k CREDIT…

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