CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru?

[hipmatt]

Excellent analysis bugs and stan.

I agree that this is mostly a publicity stunt to make the politicians look like they are trying to help.

If true, few people will qualify for the freeze, financial stocks will take a beating, and it will just make loans harder to get for the rest of the buyers out there. More money for the FBs = less money for the rest of us. Either way it will affect demand for homes in a negative way. Also, those who own the paper that hold these loans will be walking away and never returning. Like mentioned above, this won’t do anything for the already insanely high amounts of homes for sale, except by making qualifying even harder.

Personally I feel that it will have little to zero effect on the currently crashing RE market.(especially in way overpriced socal)

[HereWeGo]

The real downside to this plan is that it still sees the problem as “subprime.” I suspect E-Trade would disagree with that characterization.

[HereWeGo]

The real downside to this plan is that it still sees the problem as “subprime.” I suspect E-Trade would disagree with that characterization.

[HereWeGo]

The real downside to this plan is that it still sees the problem as “subprime.” I suspect E-Trade would disagree with that characterization.

[HereWeGo]

The real downside to this plan is that it still sees the problem as “subprime.” I suspect E-Trade would disagree with that characterization.

[HereWeGo]

The real downside to this plan is that it still sees the problem as “subprime.” I suspect E-Trade would disagree with that characterization.

[hipmatt]

We aren’t the only ones that see a problem with this….
check out the poll(vote too) to see how others(non pigs) feel… you may be surprised, I was considering what I call a slightly bullish bias on CNBC.

http://www.cnbc.com/id/22041144

also.. check out this article too which has more info called..
Mortgage aid plan sparks hope and resentment
http://www.reuters.com/article/gc03/idUSN3030596020071130

[hipmatt]

We aren’t the only ones that see a problem with this….
check out the poll(vote too) to see how others(non pigs) feel… you may be surprised, I was considering what I call a slightly bullish bias on CNBC.

http://www.cnbc.com/id/22041144

also.. check out this article too which has more info called..
Mortgage aid plan sparks hope and resentment
http://www.reuters.com/article/gc03/idUSN3030596020071130

[hipmatt]

We aren’t the only ones that see a problem with this….
check out the poll(vote too) to see how others(non pigs) feel… you may be surprised, I was considering what I call a slightly bullish bias on CNBC.

http://www.cnbc.com/id/22041144

also.. check out this article too which has more info called..
Mortgage aid plan sparks hope and resentment
http://www.reuters.com/article/gc03/idUSN3030596020071130

[hipmatt]

We aren’t the only ones that see a problem with this….
check out the poll(vote too) to see how others(non pigs) feel… you may be surprised, I was considering what I call a slightly bullish bias on CNBC.

http://www.cnbc.com/id/22041144

also.. check out this article too which has more info called..
Mortgage aid plan sparks hope and resentment
http://www.reuters.com/article/gc03/idUSN3030596020071130

[hipmatt]

We aren’t the only ones that see a problem with this….
check out the poll(vote too) to see how others(non pigs) feel… you may be surprised, I was considering what I call a slightly bullish bias on CNBC.

http://www.cnbc.com/id/22041144

also.. check out this article too which has more info called..
Mortgage aid plan sparks hope and resentment
http://www.reuters.com/article/gc03/idUSN3030596020071130

[4plexowner]

“10+ months of inventory sitting around in SD”

rate of sales fell off a cliff in November – will months of inventory be over 20 as we head into 2008?

[4plexowner]

“10+ months of inventory sitting around in SD”

rate of sales fell off a cliff in November – will months of inventory be over 20 as we head into 2008?

[4plexowner]

“10+ months of inventory sitting around in SD”

rate of sales fell off a cliff in November – will months of inventory be over 20 as we head into 2008?

[4plexowner]

“10+ months of inventory sitting around in SD”

rate of sales fell off a cliff in November – will months of inventory be over 20 as we head into 2008?

[Author]

Posts