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January 25, 2008 at 4:54 PM #143275January 25, 2008 at 5:00 PM #142949
davelj
ParticipantTwo issues:
(1) TANSTAAFL: There ain’t no such thing as a free lunch. Raising the conforming limit will have unintended consequences in the securitization market that will render the maneuver largely, albeit perhaps not completely, impotent.
(2) This is NOT about helping people, folks. This is about the APPEARANCE of TRYING to help people. Big difference. It’s all politics.
January 25, 2008 at 5:00 PM #143183ParticipantTwo issues:
(1) TANSTAAFL: There ain’t no such thing as a free lunch. Raising the conforming limit will have unintended consequences in the securitization market that will render the maneuver largely, albeit perhaps not completely, impotent.
(2) This is NOT about helping people, folks. This is about the APPEARANCE of TRYING to help people. Big difference. It’s all politics.
January 25, 2008 at 5:00 PM #143189ParticipantTwo issues:
(1) TANSTAAFL: There ain’t no such thing as a free lunch. Raising the conforming limit will have unintended consequences in the securitization market that will render the maneuver largely, albeit perhaps not completely, impotent.
(2) This is NOT about helping people, folks. This is about the APPEARANCE of TRYING to help people. Big difference. It’s all politics.
January 25, 2008 at 5:00 PM #143215ParticipantTwo issues:
(1) TANSTAAFL: There ain’t no such thing as a free lunch. Raising the conforming limit will have unintended consequences in the securitization market that will render the maneuver largely, albeit perhaps not completely, impotent.
(2) This is NOT about helping people, folks. This is about the APPEARANCE of TRYING to help people. Big difference. It’s all politics.
January 25, 2008 at 5:00 PM #143281ParticipantTwo issues:
(1) TANSTAAFL: There ain’t no such thing as a free lunch. Raising the conforming limit will have unintended consequences in the securitization market that will render the maneuver largely, albeit perhaps not completely, impotent.
(2) This is NOT about helping people, folks. This is about the APPEARANCE of TRYING to help people. Big difference. It’s all politics.
January 25, 2008 at 5:04 PM #142955Sandi Egan
Participantsd_bear, from what I understand the interest rates will be higher than current conforming rates, but still lower than current jumbo rates.
January 25, 2008 at 5:04 PM #143188Participantsd_bear, from what I understand the interest rates will be higher than current conforming rates, but still lower than current jumbo rates.
January 25, 2008 at 5:04 PM #143194Participantsd_bear, from what I understand the interest rates will be higher than current conforming rates, but still lower than current jumbo rates.
January 25, 2008 at 5:04 PM #143219Participantsd_bear, from what I understand the interest rates will be higher than current conforming rates, but still lower than current jumbo rates.
January 25, 2008 at 5:04 PM #143287Participantsd_bear, from what I understand the interest rates will be higher than current conforming rates, but still lower than current jumbo rates.
January 25, 2008 at 11:25 PM #143042
CoronitaParticipantQuite frankly this is just another case of the rich getting richer. Who will it help? It will help people like me (I'm not rich but certainly well above average) reduce their debt service and free up capital for other investments. I already see properties I could cash flow on and expect even better deals soon. The insolvent and underwater will still be crushed but the financially conservative, well invested folks living well within their means will enjoy a bonanza!
Thread hijack.
sdrealtor,
If you don't mind, would you care to share some insight into where your starting to see properties that you could possibly cash flow on? Without specifics, mind if you share the type of property and general location? I'm curious because I've been checking around, and while things are getting better, I haven't been too lucky in finding that many places that would cash flow without still a hefty downp. I'm sure you're much more experienced at this, so perhaps I'm not looking in the right neighborhoods. Or perhaps you just have much more financial capital at your disposal.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 25, 2008 at 11:25 PM #143273CoronitaParticipantQuite frankly this is just another case of the rich getting richer. Who will it help? It will help people like me (I'm not rich but certainly well above average) reduce their debt service and free up capital for other investments. I already see properties I could cash flow on and expect even better deals soon. The insolvent and underwater will still be crushed but the financially conservative, well invested folks living well within their means will enjoy a bonanza!
Thread hijack.
sdrealtor,
If you don't mind, would you care to share some insight into where your starting to see properties that you could possibly cash flow on? Without specifics, mind if you share the type of property and general location? I'm curious because I've been checking around, and while things are getting better, I haven't been too lucky in finding that many places that would cash flow without still a hefty downp. I'm sure you're much more experienced at this, so perhaps I'm not looking in the right neighborhoods. Or perhaps you just have much more financial capital at your disposal.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 25, 2008 at 11:25 PM #143282CoronitaParticipantQuite frankly this is just another case of the rich getting richer. Who will it help? It will help people like me (I'm not rich but certainly well above average) reduce their debt service and free up capital for other investments. I already see properties I could cash flow on and expect even better deals soon. The insolvent and underwater will still be crushed but the financially conservative, well invested folks living well within their means will enjoy a bonanza!
Thread hijack.
sdrealtor,
If you don't mind, would you care to share some insight into where your starting to see properties that you could possibly cash flow on? Without specifics, mind if you share the type of property and general location? I'm curious because I've been checking around, and while things are getting better, I haven't been too lucky in finding that many places that would cash flow without still a hefty downp. I'm sure you're much more experienced at this, so perhaps I'm not looking in the right neighborhoods. Or perhaps you just have much more financial capital at your disposal.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
January 25, 2008 at 11:25 PM #143307CoronitaParticipantQuite frankly this is just another case of the rich getting richer. Who will it help? It will help people like me (I'm not rich but certainly well above average) reduce their debt service and free up capital for other investments. I already see properties I could cash flow on and expect even better deals soon. The insolvent and underwater will still be crushed but the financially conservative, well invested folks living well within their means will enjoy a bonanza!
Thread hijack.
sdrealtor,
If you don't mind, would you care to share some insight into where your starting to see properties that you could possibly cash flow on? Without specifics, mind if you share the type of property and general location? I'm curious because I've been checking around, and while things are getting better, I haven't been too lucky in finding that many places that would cash flow without still a hefty downp. I'm sure you're much more experienced at this, so perhaps I'm not looking in the right neighborhoods. Or perhaps you just have much more financial capital at your disposal.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
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