- This topic has 665 replies, 23 voices, and was last updated 13 years, 1 month ago by
scaredyclassic.
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April 1, 2011 at 9:02 PM #683737April 1, 2011 at 9:20 PM #682577
SK in CV
ParticipantAnd one more thing. I agree entirely on the interest rate thing. 6% mortgages won’t cause a huge problem, particularly if it’s in conjunction with even mildly shrinking inventories. But 8% sure will. So the Fed will keep dancing for awhile.
April 1, 2011 at 9:20 PM #682631ParticipantAnd one more thing. I agree entirely on the interest rate thing. 6% mortgages won’t cause a huge problem, particularly if it’s in conjunction with even mildly shrinking inventories. But 8% sure will. So the Fed will keep dancing for awhile.
April 1, 2011 at 9:20 PM #683255ParticipantAnd one more thing. I agree entirely on the interest rate thing. 6% mortgages won’t cause a huge problem, particularly if it’s in conjunction with even mildly shrinking inventories. But 8% sure will. So the Fed will keep dancing for awhile.
April 1, 2011 at 9:20 PM #683396ParticipantAnd one more thing. I agree entirely on the interest rate thing. 6% mortgages won’t cause a huge problem, particularly if it’s in conjunction with even mildly shrinking inventories. But 8% sure will. So the Fed will keep dancing for awhile.
April 1, 2011 at 9:20 PM #683752ParticipantAnd one more thing. I agree entirely on the interest rate thing. 6% mortgages won’t cause a huge problem, particularly if it’s in conjunction with even mildly shrinking inventories. But 8% sure will. So the Fed will keep dancing for awhile.
April 1, 2011 at 11:18 PM #682587SD Realtor
ParticipantYeah I agree… and if you are in my age strata, which I think you are, lets go back to the early 80s! Now wouldn’t that be something?
April 1, 2011 at 11:18 PM #682641ParticipantYeah I agree… and if you are in my age strata, which I think you are, lets go back to the early 80s! Now wouldn’t that be something?
April 1, 2011 at 11:18 PM #683265ParticipantYeah I agree… and if you are in my age strata, which I think you are, lets go back to the early 80s! Now wouldn’t that be something?
April 1, 2011 at 11:18 PM #683406ParticipantYeah I agree… and if you are in my age strata, which I think you are, lets go back to the early 80s! Now wouldn’t that be something?
April 1, 2011 at 11:18 PM #683762ParticipantYeah I agree… and if you are in my age strata, which I think you are, lets go back to the early 80s! Now wouldn’t that be something?
April 2, 2011 at 12:29 AM #682592ParticipantOh it was wonderful. My first mortgage loan somewhere around 1978 was 14%. Refi’d at just under 12% a couple years later and I was ecstatic. Just checked Zillow and that condo is worth somewhere around $190K now. (there are somewhere around 75 identical condos, so the value is probably pretty close to accurate.) I paid just under $70K. If we see those kinds of rates again, it won’t drop down to the price I paid, but based on current rents, it probably could drop down to $100K. The good old days. When Realtors actually earned their 6% 😛
April 2, 2011 at 12:29 AM #682646ParticipantOh it was wonderful. My first mortgage loan somewhere around 1978 was 14%. Refi’d at just under 12% a couple years later and I was ecstatic. Just checked Zillow and that condo is worth somewhere around $190K now. (there are somewhere around 75 identical condos, so the value is probably pretty close to accurate.) I paid just under $70K. If we see those kinds of rates again, it won’t drop down to the price I paid, but based on current rents, it probably could drop down to $100K. The good old days. When Realtors actually earned their 6% 😛
April 2, 2011 at 12:29 AM #683270ParticipantOh it was wonderful. My first mortgage loan somewhere around 1978 was 14%. Refi’d at just under 12% a couple years later and I was ecstatic. Just checked Zillow and that condo is worth somewhere around $190K now. (there are somewhere around 75 identical condos, so the value is probably pretty close to accurate.) I paid just under $70K. If we see those kinds of rates again, it won’t drop down to the price I paid, but based on current rents, it probably could drop down to $100K. The good old days. When Realtors actually earned their 6% 😛
April 2, 2011 at 12:29 AM #683411ParticipantOh it was wonderful. My first mortgage loan somewhere around 1978 was 14%. Refi’d at just under 12% a couple years later and I was ecstatic. Just checked Zillow and that condo is worth somewhere around $190K now. (there are somewhere around 75 identical condos, so the value is probably pretty close to accurate.) I paid just under $70K. If we see those kinds of rates again, it won’t drop down to the price I paid, but based on current rents, it probably could drop down to $100K. The good old days. When Realtors actually earned their 6% 😛
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