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March 2, 2009 at 10:03 AM #15199March 2, 2009 at 11:14 AM #358420
macromaniac
Participantsdrealtor,
I already talked about this over two weeks ago here on this forum. Ask him about the HITS on the super conforming loan rates over 417K. This will not help much of anything as the rates are sky high…
If you stay under the 417K limit and have an LTV under 70%, Good FICO’s, and its rate and term, then you get good rates…..not to mention no more STATED INCOME all FULL DOC.
I am optimistic today that asset prices will continue to deflate as they should to get into proper alignment with incomes….
March 2, 2009 at 11:14 AM #358721macromaniac
Participantsdrealtor,
I already talked about this over two weeks ago here on this forum. Ask him about the HITS on the super conforming loan rates over 417K. This will not help much of anything as the rates are sky high…
If you stay under the 417K limit and have an LTV under 70%, Good FICO’s, and its rate and term, then you get good rates…..not to mention no more STATED INCOME all FULL DOC.
I am optimistic today that asset prices will continue to deflate as they should to get into proper alignment with incomes….
March 2, 2009 at 11:14 AM #358863macromaniac
Participantsdrealtor,
I already talked about this over two weeks ago here on this forum. Ask him about the HITS on the super conforming loan rates over 417K. This will not help much of anything as the rates are sky high…
If you stay under the 417K limit and have an LTV under 70%, Good FICO’s, and its rate and term, then you get good rates…..not to mention no more STATED INCOME all FULL DOC.
I am optimistic today that asset prices will continue to deflate as they should to get into proper alignment with incomes….
March 2, 2009 at 11:14 AM #358897macromaniac
Participantsdrealtor,
I already talked about this over two weeks ago here on this forum. Ask him about the HITS on the super conforming loan rates over 417K. This will not help much of anything as the rates are sky high…
If you stay under the 417K limit and have an LTV under 70%, Good FICO’s, and its rate and term, then you get good rates…..not to mention no more STATED INCOME all FULL DOC.
I am optimistic today that asset prices will continue to deflate as they should to get into proper alignment with incomes….
March 2, 2009 at 11:14 AM #358999macromaniac
Participantsdrealtor,
I already talked about this over two weeks ago here on this forum. Ask him about the HITS on the super conforming loan rates over 417K. This will not help much of anything as the rates are sky high…
If you stay under the 417K limit and have an LTV under 70%, Good FICO’s, and its rate and term, then you get good rates…..not to mention no more STATED INCOME all FULL DOC.
I am optimistic today that asset prices will continue to deflate as they should to get into proper alignment with incomes….
March 4, 2009 at 2:38 PM #358700sdrealtor
ParticipantI agree with the contniued deflation to re-balance asset values with incomes.
He beleives rates wll be low 5’s. I beleive it will help. This is in no way saying that long term this will save the market. However, claiming this will help no one and have no impact is naive from where I sit.
March 4, 2009 at 2:38 PM #359002sdrealtor
ParticipantI agree with the contniued deflation to re-balance asset values with incomes.
He beleives rates wll be low 5’s. I beleive it will help. This is in no way saying that long term this will save the market. However, claiming this will help no one and have no impact is naive from where I sit.
March 4, 2009 at 2:38 PM #359143sdrealtor
ParticipantI agree with the contniued deflation to re-balance asset values with incomes.
He beleives rates wll be low 5’s. I beleive it will help. This is in no way saying that long term this will save the market. However, claiming this will help no one and have no impact is naive from where I sit.
March 4, 2009 at 2:38 PM #359177sdrealtor
ParticipantI agree with the contniued deflation to re-balance asset values with incomes.
He beleives rates wll be low 5’s. I beleive it will help. This is in no way saying that long term this will save the market. However, claiming this will help no one and have no impact is naive from where I sit.
March 4, 2009 at 2:38 PM #359281sdrealtor
ParticipantI agree with the contniued deflation to re-balance asset values with incomes.
He beleives rates wll be low 5’s. I beleive it will help. This is in no way saying that long term this will save the market. However, claiming this will help no one and have no impact is naive from where I sit.
March 4, 2009 at 2:40 PM #360571sdrealtor
ParticipantOK! They are here! Just got an update:
FHA loan limits of $697,500 effective immediately for San Diego County. Same for conforming loan limits. Still waiting to hear what rates look like but it will be interesting to see what impact the higher limits have. He said they will be funding the new loan limits as of next week.
March 4, 2009 at 2:40 PM #360718sdrealtor
ParticipantOK! They are here! Just got an update:
FHA loan limits of $697,500 effective immediately for San Diego County. Same for conforming loan limits. Still waiting to hear what rates look like but it will be interesting to see what impact the higher limits have. He said they will be funding the new loan limits as of next week.
March 4, 2009 at 2:40 PM #360609sdrealtor
ParticipantOK! They are here! Just got an update:
FHA loan limits of $697,500 effective immediately for San Diego County. Same for conforming loan limits. Still waiting to hear what rates look like but it will be interesting to see what impact the higher limits have. He said they will be funding the new loan limits as of next week.
March 4, 2009 at 2:40 PM #360428sdrealtor
ParticipantOK! They are here! Just got an update:
FHA loan limits of $697,500 effective immediately for San Diego County. Same for conforming loan limits. Still waiting to hear what rates look like but it will be interesting to see what impact the higher limits have. He said they will be funding the new loan limits as of next week.
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