Gov’t to target 4.5% for mortgages

[sdrealtor]

4.5% mortgages would get the economy humming of they were available for everyone which I believe they will be. Take your 150K HH with 500K of mortgage debt at 6.5%, lower that to 4.5% and those Gen Xers will have $10K of discretionary consumption minded income to spend on Plasmas, Escalades and iPods. Put those mortgages in the hands of the right borrowers and there will be buyers for them.

[Nor-LA-SD-guy]

The 4.5 % rate could make things a bit more interesting at least in Socal

Has anyone given any thought to (it seems to me anyway) that no one is leaving the state ???

In 1981-4 the Auto industry left the state taking many people eastward with them,

In 1991-4 the Defense industry left the state in a big way again taking many people eastward with them,

That has to create Demand at some point, and may cause quite a bounce once things do start to turn,

Those I know will take Argument to what I say, but I have never seen the freeways or the stores so busy. I must live in a different Socal maybe

I just hope we can keep the myth alive long enough to get the funds approved to complete the 76 fwy

[Nor-LA-SD-guy]

The 4.5 % rate could make things a bit more interesting at least in Socal

Has anyone given any thought to (it seems to me anyway) that no one is leaving the state ???

In 1981-4 the Auto industry left the state taking many people eastward with them,

In 1991-4 the Defense industry left the state in a big way again taking many people eastward with them,

That has to create Demand at some point, and may cause quite a bounce once things do start to turn,

Those I know will take Argument to what I say, but I have never seen the freeways or the stores so busy. I must live in a different Socal maybe

I just hope we can keep the myth alive long enough to get the funds approved to complete the 76 fwy

[Nor-LA-SD-guy]

The 4.5 % rate could make things a bit more interesting at least in Socal

Has anyone given any thought to (it seems to me anyway) that no one is leaving the state ???

In 1981-4 the Auto industry left the state taking many people eastward with them,

In 1991-4 the Defense industry left the state in a big way again taking many people eastward with them,

That has to create Demand at some point, and may cause quite a bounce once things do start to turn,

Those I know will take Argument to what I say, but I have never seen the freeways or the stores so busy. I must live in a different Socal maybe

I just hope we can keep the myth alive long enough to get the funds approved to complete the 76 fwy

[Nor-LA-SD-guy]

The 4.5 % rate could make things a bit more interesting at least in Socal

Has anyone given any thought to (it seems to me anyway) that no one is leaving the state ???

In 1981-4 the Auto industry left the state taking many people eastward with them,

In 1991-4 the Defense industry left the state in a big way again taking many people eastward with them,

That has to create Demand at some point, and may cause quite a bounce once things do start to turn,

Those I know will take Argument to what I say, but I have never seen the freeways or the stores so busy. I must live in a different Socal maybe

I just hope we can keep the myth alive long enough to get the funds approved to complete the 76 fwy

[Nor-LA-SD-guy]

The 4.5 % rate could make things a bit more interesting at least in Socal

Has anyone given any thought to (it seems to me anyway) that no one is leaving the state ???

In 1981-4 the Auto industry left the state taking many people eastward with them,

In 1991-4 the Defense industry left the state in a big way again taking many people eastward with them,

That has to create Demand at some point, and may cause quite a bounce once things do start to turn,

Those I know will take Argument to what I say, but I have never seen the freeways or the stores so busy. I must live in a different Socal maybe

I just hope we can keep the myth alive long enough to get the funds approved to complete the 76 fwy

[jpinpb]

Anyone think that 4.5% 30 yr fixed will cause home prices to go up? More buyers waiting for 4.5% and then finally buying, creating demand.

On the 20% down, I am now reluctant to put that much down. This economy scares me greatly and I don’t believe there is a safe place for one’s money. I’m not a gambler, which is why I didn’t play in this last real estate market.

If I find a place I like and buy, I will put the least amount down and keep cash for emergency, etc. A place I recently tried to go into escrow on didn’t work out. The search for deals continues.

[jpinpb]

Anyone think that 4.5% 30 yr fixed will cause home prices to go up? More buyers waiting for 4.5% and then finally buying, creating demand.

On the 20% down, I am now reluctant to put that much down. This economy scares me greatly and I don’t believe there is a safe place for one’s money. I’m not a gambler, which is why I didn’t play in this last real estate market.

If I find a place I like and buy, I will put the least amount down and keep cash for emergency, etc. A place I recently tried to go into escrow on didn’t work out. The search for deals continues.

[jpinpb]

Anyone think that 4.5% 30 yr fixed will cause home prices to go up? More buyers waiting for 4.5% and then finally buying, creating demand.

On the 20% down, I am now reluctant to put that much down. This economy scares me greatly and I don’t believe there is a safe place for one’s money. I’m not a gambler, which is why I didn’t play in this last real estate market.

If I find a place I like and buy, I will put the least amount down and keep cash for emergency, etc. A place I recently tried to go into escrow on didn’t work out. The search for deals continues.

[jpinpb]

Anyone think that 4.5% 30 yr fixed will cause home prices to go up? More buyers waiting for 4.5% and then finally buying, creating demand.

On the 20% down, I am now reluctant to put that much down. This economy scares me greatly and I don’t believe there is a safe place for one’s money. I’m not a gambler, which is why I didn’t play in this last real estate market.

If I find a place I like and buy, I will put the least amount down and keep cash for emergency, etc. A place I recently tried to go into escrow on didn’t work out. The search for deals continues.

[jpinpb]

Anyone think that 4.5% 30 yr fixed will cause home prices to go up? More buyers waiting for 4.5% and then finally buying, creating demand.

On the 20% down, I am now reluctant to put that much down. This economy scares me greatly and I don’t believe there is a safe place for one’s money. I’m not a gambler, which is why I didn’t play in this last real estate market.

If I find a place I like and buy, I will put the least amount down and keep cash for emergency, etc. A place I recently tried to go into escrow on didn’t work out. The search for deals continues.

[sdrealtor]

Prices arent going up anytime soon to any degree that should worry anyone. 4.5% mortgages would defintely increase the pace at which we stabilize though.

[sdrealtor]

Prices arent going up anytime soon to any degree that should worry anyone. 4.5% mortgages would defintely increase the pace at which we stabilize though.

[sdrealtor]

Prices arent going up anytime soon to any degree that should worry anyone. 4.5% mortgages would defintely increase the pace at which we stabilize though.

[sdrealtor]

Prices arent going up anytime soon to any degree that should worry anyone. 4.5% mortgages would defintely increase the pace at which we stabilize though.

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