By the way, hope you know that the topic of this thread was about 1/2 of US mortgages seen under water by 2011. What do you think the OP want to say when he use that title? What do YOU think will happen if we’ll get a tsunami of these underwater hitting the market?
Yes, I was serious when I say, IF we get a tsunami, I fully expect a 2500 sq-ft house in Del Mar w/ 1/4 acre to get to $500k. I hope you’re well versed it what a tsunami is.
FYI, average rates on April 03, 2009 was 4.78% and rates on June 12, 2009 was 5.59%. Did price drop by 16.9% over those two months as rate spiked 16.9%?
You calling my behavior a grade schooler, yet you started with the name calling? Are you bipolar?
Once again, stop trying to sound like you know who I am and my intention. It just make you sound like a fool.
