Home › Forums › Financial Markets/Economics › 5.00% no point loans at the moment…
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HLS.
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January 11, 2009 at 3:14 PM #327540January 11, 2009 at 4:02 PM #327033
NotCranky
ParticipantI 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.
January 11, 2009 at 4:02 PM #327370ParticipantI 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.
January 11, 2009 at 4:02 PM #327441ParticipantI 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.
January 11, 2009 at 4:02 PM #327462ParticipantI 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.
January 11, 2009 at 4:02 PM #327545ParticipantI 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.
January 11, 2009 at 5:30 PM #327068
barnaby33ParticipantReally 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
January 11, 2009 at 5:30 PM #327405barnaby33ParticipantReally 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
January 11, 2009 at 5:30 PM #327476barnaby33ParticipantReally 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
January 11, 2009 at 5:30 PM #327497barnaby33ParticipantReally 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
January 11, 2009 at 5:30 PM #327580barnaby33ParticipantReally 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
January 11, 2009 at 6:15 PM #327092ParticipantEven 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.
January 11, 2009 at 6:15 PM #327430ParticipantEven 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.
January 11, 2009 at 6:15 PM #327501ParticipantEven 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.
January 11, 2009 at 6:15 PM #327523ParticipantEven 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.
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