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DWCAP.
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February 14, 2008 at 4:16 PM #153584February 14, 2008 at 4:38 PM #153669
Chris Scoreboard Johnston
ParticipantThe sell off on the long end of the yield curve ( rate rise ) is raising rates anyway, so this effect is offset already to some degree. It would have helped people like me who could have paid down my balance to the conforming level then refi’d, but the rates have already gone up quite a bit in the last couple of weeks, so it is now not worth it.
The problem is, I am not the demographic that needs help, so maybe in the end this move by the govt does not help much.
February 14, 2008 at 4:38 PM #153594Chris Scoreboard Johnston
ParticipantThe sell off on the long end of the yield curve ( rate rise ) is raising rates anyway, so this effect is offset already to some degree. It would have helped people like me who could have paid down my balance to the conforming level then refi’d, but the rates have already gone up quite a bit in the last couple of weeks, so it is now not worth it.
The problem is, I am not the demographic that needs help, so maybe in the end this move by the govt does not help much.
February 14, 2008 at 4:38 PM #153571Chris Scoreboard Johnston
ParticipantThe sell off on the long end of the yield curve ( rate rise ) is raising rates anyway, so this effect is offset already to some degree. It would have helped people like me who could have paid down my balance to the conforming level then refi’d, but the rates have already gone up quite a bit in the last couple of weeks, so it is now not worth it.
The problem is, I am not the demographic that needs help, so maybe in the end this move by the govt does not help much.
February 14, 2008 at 4:38 PM #153590Chris Scoreboard Johnston
ParticipantThe sell off on the long end of the yield curve ( rate rise ) is raising rates anyway, so this effect is offset already to some degree. It would have helped people like me who could have paid down my balance to the conforming level then refi’d, but the rates have already gone up quite a bit in the last couple of weeks, so it is now not worth it.
The problem is, I am not the demographic that needs help, so maybe in the end this move by the govt does not help much.
February 14, 2008 at 4:38 PM #153299Chris Scoreboard Johnston
ParticipantThe sell off on the long end of the yield curve ( rate rise ) is raising rates anyway, so this effect is offset already to some degree. It would have helped people like me who could have paid down my balance to the conforming level then refi’d, but the rates have already gone up quite a bit in the last couple of weeks, so it is now not worth it.
The problem is, I am not the demographic that needs help, so maybe in the end this move by the govt does not help much.
February 14, 2008 at 8:29 PM #153641sdrealtor
ParticipantThe GSE’s are targeting early April for the roll out of the new loan programs from what I have heard.
February 14, 2008 at 8:29 PM #153369sdrealtor
ParticipantThe GSE’s are targeting early April for the roll out of the new loan programs from what I have heard.
February 14, 2008 at 8:29 PM #153661sdrealtor
ParticipantThe GSE’s are targeting early April for the roll out of the new loan programs from what I have heard.
February 14, 2008 at 8:29 PM #153664sdrealtor
ParticipantThe GSE’s are targeting early April for the roll out of the new loan programs from what I have heard.
February 14, 2008 at 8:29 PM #153738sdrealtor
ParticipantThe GSE’s are targeting early April for the roll out of the new loan programs from what I have heard.
February 14, 2008 at 11:55 PM #153449DWCAP
ParticipantSD R,
So the GSE’s are going for early April. So we should be up and running in late May since NOTHING in government is done on time, especially when the regulator isnt too happy about all this. Isnt this suppose to end in dec 2008? So we will get what, 7 months outa this? Most of which is in the slowest time of the year for home sales. Just enough time for the banks to try to get alot of people to refi the risk to the GSE’s, and pass all their crap to the american tax payer. And they said this wasnt a bail out.
February 14, 2008 at 11:55 PM #153720DWCAP
ParticipantSD R,
So the GSE’s are going for early April. So we should be up and running in late May since NOTHING in government is done on time, especially when the regulator isnt too happy about all this. Isnt this suppose to end in dec 2008? So we will get what, 7 months outa this? Most of which is in the slowest time of the year for home sales. Just enough time for the banks to try to get alot of people to refi the risk to the GSE’s, and pass all their crap to the american tax payer. And they said this wasnt a bail out.
February 14, 2008 at 11:55 PM #153741DWCAP
ParticipantSD R,
So the GSE’s are going for early April. So we should be up and running in late May since NOTHING in government is done on time, especially when the regulator isnt too happy about all this. Isnt this suppose to end in dec 2008? So we will get what, 7 months outa this? Most of which is in the slowest time of the year for home sales. Just enough time for the banks to try to get alot of people to refi the risk to the GSE’s, and pass all their crap to the american tax payer. And they said this wasnt a bail out.
February 14, 2008 at 11:55 PM #153743DWCAP
ParticipantSD R,
So the GSE’s are going for early April. So we should be up and running in late May since NOTHING in government is done on time, especially when the regulator isnt too happy about all this. Isnt this suppose to end in dec 2008? So we will get what, 7 months outa this? Most of which is in the slowest time of the year for home sales. Just enough time for the banks to try to get alot of people to refi the risk to the GSE’s, and pass all their crap to the american tax payer. And they said this wasnt a bail out.
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