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  • March 18, 2009 at 5:08 AM #15321
    SD Realtor
    Participant

    Well as anticipated the government made the next play in the greatest ponzie scheme ever perpetrated on taxpayers by tossing another trillion on the old campfire.

    The next question is how low will mortgage rates go. Note that this not only enables more refrinancing, helps increase buying power, but it also lowers the bar for distressed homeowners who are in the midst of loan remods.

    In short. This totally sucks.

    It will not stop the depreciation cycle…. Yet to think this will not delay things more is unrealistic.

    Like I said, we are in a schizophrenic market. Defaults and foreclosures at an all time high. Mortgage rates at low. Government just throwing all caution to the wind. No moral hazard at all.

    This is about as wreckless as it gets.

    March 18, 2009 at 5:30 AM #368761
    ibjames
    Participant

    have a link?

    March 18, 2009 at 5:30 AM #369045
    ibjames
    Participant

    have a link?

    March 18, 2009 at 5:30 AM #369209
    ibjames
    Participant

    have a link?

    March 18, 2009 at 5:30 AM #369250
    ibjames
    Participant

    have a link?

    March 18, 2009 at 5:30 AM #369366
    ibjames
    Participant

    have a link?

    March 18, 2009 at 5:35 AM #368786
    SD Realtor
    Participant

    Go to yahoo finance dude. It is all over the market right now.

    10 year treasury yield is down 47 BASIS POINTS. 20%!! Are you kidding me?

    Hope people are not holding any rising rates funds.

    March 18, 2009 at 5:35 AM #369070
    SD Realtor
    Participant

    Go to yahoo finance dude. It is all over the market right now.

    10 year treasury yield is down 47 BASIS POINTS. 20%!! Are you kidding me?

    Hope people are not holding any rising rates funds.

    March 18, 2009 at 5:35 AM #369234
    SD Realtor
    Participant

    Go to yahoo finance dude. It is all over the market right now.

    10 year treasury yield is down 47 BASIS POINTS. 20%!! Are you kidding me?

    Hope people are not holding any rising rates funds.

    March 18, 2009 at 5:35 AM #369275
    SD Realtor
    Participant

    Go to yahoo finance dude. It is all over the market right now.

    10 year treasury yield is down 47 BASIS POINTS. 20%!! Are you kidding me?

    Hope people are not holding any rising rates funds.

    March 18, 2009 at 5:35 AM #369391
    SD Realtor
    Participant

    Go to yahoo finance dude. It is all over the market right now.

    10 year treasury yield is down 47 BASIS POINTS. 20%!! Are you kidding me?

    Hope people are not holding any rising rates funds.

    March 18, 2009 at 5:40 AM #368796
    scaredyclassic
    Participant

    gold stocks jump. where will the govt stop? this is just a small start; there is probably no end to what the govt will do in regard to printing money.

    March 18, 2009 at 5:40 AM #369079
    scaredyclassic
    Participant

    gold stocks jump. where will the govt stop? this is just a small start; there is probably no end to what the govt will do in regard to printing money.

    March 18, 2009 at 5:40 AM #369244
    scaredyclassic
    Participant

    gold stocks jump. where will the govt stop? this is just a small start; there is probably no end to what the govt will do in regard to printing money.

    March 18, 2009 at 5:40 AM #369285
    scaredyclassic
    Participant

    gold stocks jump. where will the govt stop? this is just a small start; there is probably no end to what the govt will do in regard to printing money.

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