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Viewing 15 posts - 106 through 120 (of 666 total)
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  • April 2, 2011 at 6:52 PM #683912
    Scarlett
    Participant

    Looking forward to significant rate raise and the corresponding price decrease. My downpayment would be then 20% of a “better” house. Too old for a another starter property :).

    April 3, 2011 at 8:59 AM #682817
    jficquette
    Participant

    They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John

    April 3, 2011 at 8:59 AM #682871
    jficquette
    Participant

    They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John

    April 3, 2011 at 8:59 AM #683496
    jficquette
    Participant

    They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John

    April 3, 2011 at 8:59 AM #683638
    jficquette
    Participant

    They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John

    April 3, 2011 at 8:59 AM #683992
    jficquette
    Participant

    They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John

    April 3, 2011 at 9:03 AM #682822
    jficquette
    Participant

    [quote=Scarlett]Looking forward to significant rate raise and the corresponding price decrease. My downpayment would be then 20% of a “better” house. Too old for a another starter property :).[/quote]

    That’s the other shoe to drop. People buying now with ultra low rates are going to be in for a rude surprise if rates get to 8%.

    April 3, 2011 at 9:03 AM #682876
    jficquette
    Participant

    [quote=Scarlett]Looking forward to significant rate raise and the corresponding price decrease. My downpayment would be then 20% of a “better” house. Too old for a another starter property :).[/quote]

    That’s the other shoe to drop. People buying now with ultra low rates are going to be in for a rude surprise if rates get to 8%.

    April 3, 2011 at 9:03 AM #683501
    jficquette
    Participant

    [quote=Scarlett]Looking forward to significant rate raise and the corresponding price decrease. My downpayment would be then 20% of a “better” house. Too old for a another starter property :).[/quote]

    That’s the other shoe to drop. People buying now with ultra low rates are going to be in for a rude surprise if rates get to 8%.

    April 3, 2011 at 9:03 AM #683643
    jficquette
    Participant

    [quote=Scarlett]Looking forward to significant rate raise and the corresponding price decrease. My downpayment would be then 20% of a “better” house. Too old for a another starter property :).[/quote]

    That’s the other shoe to drop. People buying now with ultra low rates are going to be in for a rude surprise if rates get to 8%.

    April 3, 2011 at 9:03 AM #683997
    jficquette
    Participant

    [quote=Scarlett]Looking forward to significant rate raise and the corresponding price decrease. My downpayment would be then 20% of a “better” house. Too old for a another starter property :).[/quote]

    That’s the other shoe to drop. People buying now with ultra low rates are going to be in for a rude surprise if rates get to 8%.

    April 3, 2011 at 10:31 AM #682832
    bearishgurl
    Participant

    [quote=jficquette]They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John[/quote]

    Agree, John, that limited doc programs serve a purpose, for no more than 60% LTV. No doc loans, IMO, are a recipe for disaster.

    April 3, 2011 at 10:31 AM #682885
    bearishgurl
    Participant

    [quote=jficquette]They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John[/quote]

    Agree, John, that limited doc programs serve a purpose, for no more than 60% LTV. No doc loans, IMO, are a recipe for disaster.

    April 3, 2011 at 10:31 AM #683511
    bearishgurl
    Participant

    [quote=jficquette]They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John[/quote]

    Agree, John, that limited doc programs serve a purpose, for no more than 60% LTV. No doc loans, IMO, are a recipe for disaster.

    April 3, 2011 at 10:31 AM #683653
    bearishgurl
    Participant

    [quote=jficquette]They will have to bring back the no doc loans. Otherwise they will not be able to get the buyers they need to support prices.

    No Doc loans with 50% down would be a win win for everyone.

    John[/quote]

    Agree, John, that limited doc programs serve a purpose, for no more than 60% LTV. No doc loans, IMO, are a recipe for disaster.

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