[quote=Coronita][quote=gzz]Escoguy, I agree with what you said, especially about how conservative underwriting has been the ENTIRE TIME the market has been rising starting around 2010.[/quote]
Thats what i was wondering. Hows the loan quality now versus circa 2006[/quote]
Must be better. How could it be worse?
Odd thing pricing a refi yesterday. It was significantly cheaper to do a large cash out refi than just the balance of the mortgage.
Not sure what this means. We will give you a lower rate for more money, please, just take this damn icky money? Is cash really trash? It made me not want the money. Why would I want something they have to give me more of to cart away?
I’d be curious if Americans are taking lots of $ out for consumption.