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ibjames.
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February 15, 2009 at 12:36 PM #347229February 15, 2009 at 12:50 PM #346667
patientrenter
ParticipantHLS, do you have any stats on how many loans were 20% down or more back in 1995, say, versus currently?
My guess is that the stats would show that there are far more new loans made now – February 2009 – with less than 20% down than back in the mid-90’s or earlier.
Yes, I know there were some <20% down loans available back then, but I suspect there were far fewer. That's why I think the stats would be very interesting.
February 15, 2009 at 12:50 PM #346988ParticipantHLS, do you have any stats on how many loans were 20% down or more back in 1995, say, versus currently?
My guess is that the stats would show that there are far more new loans made now – February 2009 – with less than 20% down than back in the mid-90’s or earlier.
Yes, I know there were some <20% down loans available back then, but I suspect there were far fewer. That's why I think the stats would be very interesting.
February 15, 2009 at 12:50 PM #347101ParticipantHLS, do you have any stats on how many loans were 20% down or more back in 1995, say, versus currently?
My guess is that the stats would show that there are far more new loans made now – February 2009 – with less than 20% down than back in the mid-90’s or earlier.
Yes, I know there were some <20% down loans available back then, but I suspect there were far fewer. That's why I think the stats would be very interesting.
February 15, 2009 at 12:50 PM #347135ParticipantHLS, do you have any stats on how many loans were 20% down or more back in 1995, say, versus currently?
My guess is that the stats would show that there are far more new loans made now – February 2009 – with less than 20% down than back in the mid-90’s or earlier.
Yes, I know there were some <20% down loans available back then, but I suspect there were far fewer. That's why I think the stats would be very interesting.
February 15, 2009 at 12:50 PM #347234ParticipantHLS, do you have any stats on how many loans were 20% down or more back in 1995, say, versus currently?
My guess is that the stats would show that there are far more new loans made now – February 2009 – with less than 20% down than back in the mid-90’s or earlier.
Yes, I know there were some <20% down loans available back then, but I suspect there were far fewer. That's why I think the stats would be very interesting.
February 15, 2009 at 3:56 PM #346772mixxalot
ParticipantBOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.
February 15, 2009 at 3:56 PM #347093ParticipantBOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.
February 15, 2009 at 3:56 PM #347206ParticipantBOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.
February 15, 2009 at 3:56 PM #347240ParticipantBOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.
February 15, 2009 at 3:56 PM #347339ParticipantBOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.
February 15, 2009 at 5:32 PM #346832davelj
Participant[quote=mixxalot]BOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.[/quote]
Exactly. Such $800K homes should be $600K homes (and less). Most of these bubblicious McMansions never should have come into being in the first place. There aren’t enough high income folks to purchase them using “prudent” underwriting standards.
February 15, 2009 at 5:32 PM #347153Participant[quote=mixxalot]BOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.[/quote]
Exactly. Such $800K homes should be $600K homes (and less). Most of these bubblicious McMansions never should have come into being in the first place. There aren’t enough high income folks to purchase them using “prudent” underwriting standards.
February 15, 2009 at 5:32 PM #347266Participant[quote=mixxalot]BOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.[/quote]
Exactly. Such $800K homes should be $600K homes (and less). Most of these bubblicious McMansions never should have come into being in the first place. There aren’t enough high income folks to purchase them using “prudent” underwriting standards.
February 15, 2009 at 5:32 PM #347300Participant[quote=mixxalot]BOFA sucks
They have good low rates on new auto loans but thats about it! Not many folks have 15% of 800k new homes in San Diego these days to put down.[/quote]
Exactly. Such $800K homes should be $600K homes (and less). Most of these bubblicious McMansions never should have come into being in the first place. There aren’t enough high income folks to purchase them using “prudent” underwriting standards.
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