- This topic has 665 replies, 23 voices, and was last updated 13 years, 1 month ago by
scaredyclassic.
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April 2, 2011 at 6:52 PM #683912April 3, 2011 at 8:59 AM #682817
jficquette
ParticipantThey 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 #682871ParticipantThey 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 #683496ParticipantThey 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 #683638ParticipantThey 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 #683992ParticipantThey 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 #682822Participant[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 #682876Participant[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 #683501Participant[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 #683643Participant[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 #683997Participant[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 #682832bearishgurl
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 #682885Participant[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 #683511Participant[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 #683653Participant[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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