5.00% no point loans at the moment…

[stansd]

Said another way: The prudent are now being rewarded, while the profligate are being punished. As it should be. If you were a credit risk in a good economy, which many of these folks were, you are triple the risk in a bad one.

Stan

[NotCranky]

I just hope that between now and ten years forward ,depending on the situation, we can look back and say “if you work hard and sacrifice in these United States you can still do O.K.”.I think we will, but some of the prudent won’t see themselves as beneficiaries of those possibilities until later down the road.

[NotCranky]

I just hope that between now and ten years forward ,depending on the situation, we can look back and say “if you work hard and sacrifice in these United States you can still do O.K.”.I think we will, but some of the prudent won’t see themselves as beneficiaries of those possibilities until later down the road.

[NotCranky]

I just hope that between now and ten years forward ,depending on the situation, we can look back and say “if you work hard and sacrifice in these United States you can still do O.K.”.I think we will, but some of the prudent won’t see themselves as beneficiaries of those possibilities until later down the road.

[NotCranky]

I just hope that between now and ten years forward ,depending on the situation, we can look back and say “if you work hard and sacrifice in these United States you can still do O.K.”.I think we will, but some of the prudent won’t see themselves as beneficiaries of those possibilities until later down the road.

[NotCranky]

I just hope that between now and ten years forward ,depending on the situation, we can look back and say “if you work hard and sacrifice in these United States you can still do O.K.”.I think we will, but some of the prudent won’t see themselves as beneficiaries of those possibilities until later down the road.

[barnaby33]

Really the prudent are being rewarded? Hmmm lets examine that for a second. I am the definition of prudent and I am most certainly not being rewarded.

I have lived within my means for 10 years, have zero debt and a high savings rate. I have suffered the damage of inflation year after year, cannot afford a house and now am most likely going to lose my job in the next 6 months. A job at a company I really like.

These low mortgage rates only reward people because they were lucky enough to buy at a relatively low price point (due to that inflation) which means they weren’t prudent, just older. The prudent are the ones who get screwed six ways from sunday.

10% mortgage rates would be the reward for the prudent. 18% mortgage rates would be a gift from dog for the prudent. 5% rates for people who bought before this inflation cycle is just lucky, unless you are going to tell me that those people were prescient enough to know how this was going to unravel. In that case they weren’t just prudent they were amazing.

Josh

[barnaby33]

Really the prudent are being rewarded? Hmmm lets examine that for a second. I am the definition of prudent and I am most certainly not being rewarded.

I have lived within my means for 10 years, have zero debt and a high savings rate. I have suffered the damage of inflation year after year, cannot afford a house and now am most likely going to lose my job in the next 6 months. A job at a company I really like.

These low mortgage rates only reward people because they were lucky enough to buy at a relatively low price point (due to that inflation) which means they weren’t prudent, just older. The prudent are the ones who get screwed six ways from sunday.

10% mortgage rates would be the reward for the prudent. 18% mortgage rates would be a gift from dog for the prudent. 5% rates for people who bought before this inflation cycle is just lucky, unless you are going to tell me that those people were prescient enough to know how this was going to unravel. In that case they weren’t just prudent they were amazing.

Josh

[barnaby33]

Really the prudent are being rewarded? Hmmm lets examine that for a second. I am the definition of prudent and I am most certainly not being rewarded.

I have lived within my means for 10 years, have zero debt and a high savings rate. I have suffered the damage of inflation year after year, cannot afford a house and now am most likely going to lose my job in the next 6 months. A job at a company I really like.

These low mortgage rates only reward people because they were lucky enough to buy at a relatively low price point (due to that inflation) which means they weren’t prudent, just older. The prudent are the ones who get screwed six ways from sunday.

10% mortgage rates would be the reward for the prudent. 18% mortgage rates would be a gift from dog for the prudent. 5% rates for people who bought before this inflation cycle is just lucky, unless you are going to tell me that those people were prescient enough to know how this was going to unravel. In that case they weren’t just prudent they were amazing.

Josh

[barnaby33]

Really the prudent are being rewarded? Hmmm lets examine that for a second. I am the definition of prudent and I am most certainly not being rewarded.

I have lived within my means for 10 years, have zero debt and a high savings rate. I have suffered the damage of inflation year after year, cannot afford a house and now am most likely going to lose my job in the next 6 months. A job at a company I really like.

These low mortgage rates only reward people because they were lucky enough to buy at a relatively low price point (due to that inflation) which means they weren’t prudent, just older. The prudent are the ones who get screwed six ways from sunday.

10% mortgage rates would be the reward for the prudent. 18% mortgage rates would be a gift from dog for the prudent. 5% rates for people who bought before this inflation cycle is just lucky, unless you are going to tell me that those people were prescient enough to know how this was going to unravel. In that case they weren’t just prudent they were amazing.

Josh

[barnaby33]

Really the prudent are being rewarded? Hmmm lets examine that for a second. I am the definition of prudent and I am most certainly not being rewarded.

I have lived within my means for 10 years, have zero debt and a high savings rate. I have suffered the damage of inflation year after year, cannot afford a house and now am most likely going to lose my job in the next 6 months. A job at a company I really like.

These low mortgage rates only reward people because they were lucky enough to buy at a relatively low price point (due to that inflation) which means they weren’t prudent, just older. The prudent are the ones who get screwed six ways from sunday.

10% mortgage rates would be the reward for the prudent. 18% mortgage rates would be a gift from dog for the prudent. 5% rates for people who bought before this inflation cycle is just lucky, unless you are going to tell me that those people were prescient enough to know how this was going to unravel. In that case they weren’t just prudent they were amazing.

Josh

[NotCranky]

Even given that rates going under 5% was not forseen. Given that it is older people primarily benefitting from it. It doesn’t rule out that those people were prudent. Luck is where preparation meets opportunity. Don’t worry Josh every god has his day.

[NotCranky]

Even given that rates going under 5% was not forseen. Given that it is older people primarily benefitting from it. It doesn’t rule out that those people were prudent. Luck is where preparation meets opportunity. Don’t worry Josh every god has his day.

[NotCranky]

Even given that rates going under 5% was not forseen. Given that it is older people primarily benefitting from it. It doesn’t rule out that those people were prudent. Luck is where preparation meets opportunity. Don’t worry Josh every god has his day.

[NotCranky]

Even given that rates going under 5% was not forseen. Given that it is older people primarily benefitting from it. It doesn’t rule out that those people were prudent. Luck is where preparation meets opportunity. Don’t worry Josh every god has his day.

[Author]

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