[quote=peterb]It’s kind of funny, but I was talking to a couple of friends who’ve never had much money and always wanted a house. Now that there’s 3% down and a much higher limit, they both are going to buy a house. When I told them of the horrible fundementals, they both said, “At 3% down, if the crap hits the fan, we just stay in it until they evict us.”
So here’s the future speaking. I give them 18 months, tops.[/quote]
It only works until china decides to stop lending us money.
My head spun a little with your reference. Again, whatever loan balances either or both of them have, will be used to compute the ratios. However it is only the credit score of the person getting the loan that is of importance. All the refinances you mentioned don’t matter except the most recent one assuming that each subsequent loan paid off the predecessor right?
My head spun a little with your reference. Again, whatever loan balances either or both of them have, will be used to compute the ratios. However it is only the credit score of the person getting the loan that is of importance. All the refinances you mentioned don’t matter except the most recent one assuming that each subsequent loan paid off the predecessor right?
My head spun a little with your reference. Again, whatever loan balances either or both of them have, will be used to compute the ratios. However it is only the credit score of the person getting the loan that is of importance. All the refinances you mentioned don’t matter except the most recent one assuming that each subsequent loan paid off the predecessor right?
My head spun a little with your reference. Again, whatever loan balances either or both of them have, will be used to compute the ratios. However it is only the credit score of the person getting the loan that is of importance. All the refinances you mentioned don’t matter except the most recent one assuming that each subsequent loan paid off the predecessor right?
My head spun a little with your reference. Again, whatever loan balances either or both of them have, will be used to compute the ratios. However it is only the credit score of the person getting the loan that is of importance. All the refinances you mentioned don’t matter except the most recent one assuming that each subsequent loan paid off the predecessor right?
