We don’t really actively trade in the markets…new to this stuff…but thanks to you guys here, I was able to give my husband the heads up on what was happening Sunday night. He sold what we had at a small profit in the morning…I’m thinking with the news tonight that I’m really glad he did…what are people’s predictions about the market tomorrow?
I’m wondering how this is going to play out in the housing market down the road? How is this going to affect the lenders? Are they going to have to tighten (finally). I know they already have tightened, but I still don’t feel like the rules have completely gotten back to where we were 10 years ago in lending standards.