I didn’t read all the posts, but when first posted, I read about Wells Fargo requiring 20% down before they’ll consider lending to you.
Some bankers are not completely out of their minds.
So will we all have to resort to ARMs to buy a house? Seems risky. Lowering today, but what about next year? Many of these defaults and foreclosures, seems to me, they were not Annie thinking about tomorrow.
