I don’t think anyone expected this interest freeze bail out.

[NeetaT]

I feel the same way you do. But, all is not lost for I will be in low-ball heaven when I move to San Diego and rent one of the thousands of places for rent on craigslist. I could easily buy a place in San Diego with cash, but I’ve done the math and it is much better to rent. As a matter of fact, I am renting here in Virginia Beach, VA at the tune of $400.00 a month cheaper than to buy the place. Oh, don’t you worry, people like us who own our cars and other things outright and who have saved our money and who pay off our credit cards in full each month will get the last laugh. Sleep good tonight and be thankful that you’re not one of those foreign investors who at one time respected the USA until the USA sold them the mortgage investments that promised future higher returns.

[GoUSC]

I don’t feel bad and you shouldn’t either. If you have been smart you aren’t a debt slave who has to work just to pay your mortgage and CC bills. I, for one, can’t imagine the stress these people have will the bills they pay. It is nice to get your paycheck, pay your rent and other small bills and have a huge chunk of it go into savings. The stress relief alone is worth it.

I still believe this rate freeze is a non-starter. It, once again, does not solve the problem of home prices being so far out of whack with incomes.

[GoUSC]

I don’t feel bad and you shouldn’t either. If you have been smart you aren’t a debt slave who has to work just to pay your mortgage and CC bills. I, for one, can’t imagine the stress these people have will the bills they pay. It is nice to get your paycheck, pay your rent and other small bills and have a huge chunk of it go into savings. The stress relief alone is worth it.

I still believe this rate freeze is a non-starter. It, once again, does not solve the problem of home prices being so far out of whack with incomes.

[GoUSC]

I don’t feel bad and you shouldn’t either. If you have been smart you aren’t a debt slave who has to work just to pay your mortgage and CC bills. I, for one, can’t imagine the stress these people have will the bills they pay. It is nice to get your paycheck, pay your rent and other small bills and have a huge chunk of it go into savings. The stress relief alone is worth it.

I still believe this rate freeze is a non-starter. It, once again, does not solve the problem of home prices being so far out of whack with incomes.

[GoUSC]

I don’t feel bad and you shouldn’t either. If you have been smart you aren’t a debt slave who has to work just to pay your mortgage and CC bills. I, for one, can’t imagine the stress these people have will the bills they pay. It is nice to get your paycheck, pay your rent and other small bills and have a huge chunk of it go into savings. The stress relief alone is worth it.

I still believe this rate freeze is a non-starter. It, once again, does not solve the problem of home prices being so far out of whack with incomes.

[GoUSC]

I don’t feel bad and you shouldn’t either. If you have been smart you aren’t a debt slave who has to work just to pay your mortgage and CC bills. I, for one, can’t imagine the stress these people have will the bills they pay. It is nice to get your paycheck, pay your rent and other small bills and have a huge chunk of it go into savings. The stress relief alone is worth it.

I still believe this rate freeze is a non-starter. It, once again, does not solve the problem of home prices being so far out of whack with incomes.

[CAwireman]

Is the interest-rate freeze a done deal?

That’s what I’ve been hearing. But, Haven’t seen it confirmed anywhere.

Is it still in congress or some other part of the government, under advisement?

Thanks all,

HiggyBaby

[CAwireman]

Is the interest-rate freeze a done deal?

That’s what I’ve been hearing. But, Haven’t seen it confirmed anywhere.

Is it still in congress or some other part of the government, under advisement?

Thanks all,

HiggyBaby

[CAwireman]

Is the interest-rate freeze a done deal?

That’s what I’ve been hearing. But, Haven’t seen it confirmed anywhere.

Is it still in congress or some other part of the government, under advisement?

Thanks all,

HiggyBaby

[CAwireman]

Is the interest-rate freeze a done deal?

That’s what I’ve been hearing. But, Haven’t seen it confirmed anywhere.

Is it still in congress or some other part of the government, under advisement?

Thanks all,

HiggyBaby

[CAwireman]

Is the interest-rate freeze a done deal?

That’s what I’ve been hearing. But, Haven’t seen it confirmed anywhere.

Is it still in congress or some other part of the government, under advisement?

Thanks all,

HiggyBaby

[SD Realtor]

KIBU it doesn’t matter if this rate freeze is in place or that bailout is in place or Hillary comes up with a magic plan or whatever…I have posted it before and will continue to do so…. I am not a conspiracy type but I will say that to much big money has to much invested to not do everything and anything to at the very least, delay the depreciation cycle. The more money that is at stake, the more of a full court press there will be to smooth the fall. If this was a simple real estate bubble then it would play out in a much more efficient manner. However because of the staggering amount of debt that has been collateralized, there will be a continued effort to try to keep this fall “in control” so to speak.

Will these measures stop the fall? No I doubt it. How much will they affect things? I don’t think a whole lot however as I am also a person looking to buy a home they concern me more then it seems they concern others. As a person who has been fiscally responsible and pays A LOT of money in taxes these measures totally piss me off.

So I guess we will see how they play out but expect to hear more proposals over the next few years.

SD Realtor

[SD Realtor]

KIBU it doesn’t matter if this rate freeze is in place or that bailout is in place or Hillary comes up with a magic plan or whatever…I have posted it before and will continue to do so…. I am not a conspiracy type but I will say that to much big money has to much invested to not do everything and anything to at the very least, delay the depreciation cycle. The more money that is at stake, the more of a full court press there will be to smooth the fall. If this was a simple real estate bubble then it would play out in a much more efficient manner. However because of the staggering amount of debt that has been collateralized, there will be a continued effort to try to keep this fall “in control” so to speak.

Will these measures stop the fall? No I doubt it. How much will they affect things? I don’t think a whole lot however as I am also a person looking to buy a home they concern me more then it seems they concern others. As a person who has been fiscally responsible and pays A LOT of money in taxes these measures totally piss me off.

So I guess we will see how they play out but expect to hear more proposals over the next few years.

SD Realtor

[SD Realtor]

KIBU it doesn’t matter if this rate freeze is in place or that bailout is in place or Hillary comes up with a magic plan or whatever…I have posted it before and will continue to do so…. I am not a conspiracy type but I will say that to much big money has to much invested to not do everything and anything to at the very least, delay the depreciation cycle. The more money that is at stake, the more of a full court press there will be to smooth the fall. If this was a simple real estate bubble then it would play out in a much more efficient manner. However because of the staggering amount of debt that has been collateralized, there will be a continued effort to try to keep this fall “in control” so to speak.

Will these measures stop the fall? No I doubt it. How much will they affect things? I don’t think a whole lot however as I am also a person looking to buy a home they concern me more then it seems they concern others. As a person who has been fiscally responsible and pays A LOT of money in taxes these measures totally piss me off.

So I guess we will see how they play out but expect to hear more proposals over the next few years.

SD Realtor

[SD Realtor]

KIBU it doesn’t matter if this rate freeze is in place or that bailout is in place or Hillary comes up with a magic plan or whatever…I have posted it before and will continue to do so…. I am not a conspiracy type but I will say that to much big money has to much invested to not do everything and anything to at the very least, delay the depreciation cycle. The more money that is at stake, the more of a full court press there will be to smooth the fall. If this was a simple real estate bubble then it would play out in a much more efficient manner. However because of the staggering amount of debt that has been collateralized, there will be a continued effort to try to keep this fall “in control” so to speak.

Will these measures stop the fall? No I doubt it. How much will they affect things? I don’t think a whole lot however as I am also a person looking to buy a home they concern me more then it seems they concern others. As a person who has been fiscally responsible and pays A LOT of money in taxes these measures totally piss me off.

So I guess we will see how they play out but expect to hear more proposals over the next few years.

SD Realtor

[Author]

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