[5yearwaiter]

[quote=NeetaT]I bought a new radar detector that detects all devices used by police. It works well and is fun to use.[/quote]

What is that device name exactly? Can we allow to use these by law?

[5yearwaiter]

Folks,

I am not against to Bob’s theorey and moreover that is one kind of hidden dangerous theorey while we trying to invest or trying for dream home. I have no gurantee how we are assured for future price retain if you jump into “today’s San Diego high prices”. Whatever the possibility as per Bob, I still want to act as a critic i.e against Bob’s theorey and here are my few questions …

Hey Bob nothing personal- but just want to evaluate what else Fed can do these below in case of higher interest rates –

1) What if our Fed would increase higer interest rates in all other sectors but not housing or mortgage(may be it standardise a level say 6%) – what would be the situation if this happens?.

2) If any of those above said 3 plans off the track, still Fed can handle pressure in other areas(like small business etc) of finance by increasing interest rates but not to the mortgage exclusively who is trying to acquire or buy homes in US …

Well the academic interventionist chariman may try to deploy some more trick(may not be a worthy one) but poor Dreamers still wait… n wait… eventually this never stop nor yield any gains soon to home buyers and by that time we are in deep recession cum hyper inflation term…

I tend to agree your theorey, but I have lost my faith on these academic…brainers who can play any extent … whatever those unpredictable results in either way!!!

[5yearwaiter]

Folks,

I am not against to Bob’s theorey and moreover that is one kind of hidden dangerous theorey while we trying to invest or trying for dream home. I have no gurantee how we are assured for future price retain if you jump into “today’s San Diego high prices”. Whatever the possibility as per Bob, I still want to act as a critic i.e against Bob’s theorey and here are my few questions …

Hey Bob nothing personal- but just want to evaluate what else Fed can do these below in case of higher interest rates –

1) What if our Fed would increase higer interest rates in all other sectors but not housing or mortgage(may be it standardise a level say 6%) – what would be the situation if this happens?.

2) If any of those above said 3 plans off the track, still Fed can handle pressure in other areas(like small business etc) of finance by increasing interest rates but not to the mortgage exclusively who is trying to acquire or buy homes in US …

Well the academic interventionist chariman may try to deploy some more trick(may not be a worthy one) but poor Dreamers still wait… n wait… eventually this never stop nor yield any gains soon to home buyers and by that time we are in deep recession cum hyper inflation term…

I tend to agree your theorey, but I have lost my faith on these academic…brainers who can play any extent … whatever those unpredictable results in either way!!!

[5yearwaiter]

Folks,

I am not against to Bob’s theorey and moreover that is one kind of hidden dangerous theorey while we trying to invest or trying for dream home. I have no gurantee how we are assured for future price retain if you jump into “today’s San Diego high prices”. Whatever the possibility as per Bob, I still want to act as a critic i.e against Bob’s theorey and here are my few questions …

Hey Bob nothing personal- but just want to evaluate what else Fed can do these below in case of higher interest rates –

1) What if our Fed would increase higer interest rates in all other sectors but not housing or mortgage(may be it standardise a level say 6%) – what would be the situation if this happens?.

2) If any of those above said 3 plans off the track, still Fed can handle pressure in other areas(like small business etc) of finance by increasing interest rates but not to the mortgage exclusively who is trying to acquire or buy homes in US …

Well the academic interventionist chariman may try to deploy some more trick(may not be a worthy one) but poor Dreamers still wait… n wait… eventually this never stop nor yield any gains soon to home buyers and by that time we are in deep recession cum hyper inflation term…

I tend to agree your theorey, but I have lost my faith on these academic…brainers who can play any extent … whatever those unpredictable results in either way!!!

[5yearwaiter]

Folks,

I am not against to Bob’s theorey and moreover that is one kind of hidden dangerous theorey while we trying to invest or trying for dream home. I have no gurantee how we are assured for future price retain if you jump into “today’s San Diego high prices”. Whatever the possibility as per Bob, I still want to act as a critic i.e against Bob’s theorey and here are my few questions …

Hey Bob nothing personal- but just want to evaluate what else Fed can do these below in case of higher interest rates –

1) What if our Fed would increase higer interest rates in all other sectors but not housing or mortgage(may be it standardise a level say 6%) – what would be the situation if this happens?.

2) If any of those above said 3 plans off the track, still Fed can handle pressure in other areas(like small business etc) of finance by increasing interest rates but not to the mortgage exclusively who is trying to acquire or buy homes in US …

Well the academic interventionist chariman may try to deploy some more trick(may not be a worthy one) but poor Dreamers still wait… n wait… eventually this never stop nor yield any gains soon to home buyers and by that time we are in deep recession cum hyper inflation term…

I tend to agree your theorey, but I have lost my faith on these academic…brainers who can play any extent … whatever those unpredictable results in either way!!!

[5yearwaiter]

Folks,

I am not against to Bob’s theorey and moreover that is one kind of hidden dangerous theorey while we trying to invest or trying for dream home. I have no gurantee how we are assured for future price retain if you jump into “today’s San Diego high prices”. Whatever the possibility as per Bob, I still want to act as a critic i.e against Bob’s theorey and here are my few questions …

Hey Bob nothing personal- but just want to evaluate what else Fed can do these below in case of higher interest rates –

1) What if our Fed would increase higer interest rates in all other sectors but not housing or mortgage(may be it standardise a level say 6%) – what would be the situation if this happens?.

2) If any of those above said 3 plans off the track, still Fed can handle pressure in other areas(like small business etc) of finance by increasing interest rates but not to the mortgage exclusively who is trying to acquire or buy homes in US …

Well the academic interventionist chariman may try to deploy some more trick(may not be a worthy one) but poor Dreamers still wait… n wait… eventually this never stop nor yield any gains soon to home buyers and by that time we are in deep recession cum hyper inflation term…

I tend to agree your theorey, but I have lost my faith on these academic…brainers who can play any extent … whatever those unpredictable results in either way!!!

[5yearwaiter]

[quote=Bob][quote=5yearwaiter]Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.[/quote]

Thats a good question, so let me try to explain it as best I can.

Yields on 10-year and 30-year Treasury securities are typically used to set long-term mortgage rates. Loans with short initial terms (1-, 3-, and 5- year ARMs are used for shorter-term securities.) So when bond yields drop, typically, conventional mortgage rates fall as well. But, when yields rise, so do mortgage rates. Why? If a lender chooses to sell your mortgage loan to an investor, the lender will likely use Treasury yields as a benchmark for value.

As for Bernanke, when he made the decision to purchase securities, he did so with the goal of reducing bond yields, with the clear intention of lowering mortgage rates. This policy was implemented with the hopes of kickstarting the economy and the real estate market out of its deflationary cycle. But the only way to sustain such low rates will be for the Fed to continue purchasing securities. At some point this summer, Bernanke will have to make an important decision on whether or not to continue this policy. If he continues the policy, that will be a clear indication that the economy hasn’t yet turned the corner…but it will also be a red flag for future inflation.
[/quote]

Bob, don’t you think the current prevaling economy leading a hyper inflation (like in the 1970s Jimmy Carter time a lot minting occured eventually resulted a $ devaluation – such situation generally money value goes down. If we think that way sure there will be a surge in interest rates in the coming era as I guess could be in double digit (some times more than even 14%). There could be sure some housing prices chances to go down – however … with the devaulation again no value to the money situation would keep housing rates at the same level or not much lower…… well I am self talking all these no one can predict but this situation would also be considered.

[5yearwaiter]

[quote=Bob][quote=5yearwaiter]Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.[/quote]

Thats a good question, so let me try to explain it as best I can.

Yields on 10-year and 30-year Treasury securities are typically used to set long-term mortgage rates. Loans with short initial terms (1-, 3-, and 5- year ARMs are used for shorter-term securities.) So when bond yields drop, typically, conventional mortgage rates fall as well. But, when yields rise, so do mortgage rates. Why? If a lender chooses to sell your mortgage loan to an investor, the lender will likely use Treasury yields as a benchmark for value.

As for Bernanke, when he made the decision to purchase securities, he did so with the goal of reducing bond yields, with the clear intention of lowering mortgage rates. This policy was implemented with the hopes of kickstarting the economy and the real estate market out of its deflationary cycle. But the only way to sustain such low rates will be for the Fed to continue purchasing securities. At some point this summer, Bernanke will have to make an important decision on whether or not to continue this policy. If he continues the policy, that will be a clear indication that the economy hasn’t yet turned the corner…but it will also be a red flag for future inflation.
[/quote]

Bob, don’t you think the current prevaling economy leading a hyper inflation (like in the 1970s Jimmy Carter time a lot minting occured eventually resulted a $ devaluation – such situation generally money value goes down. If we think that way sure there will be a surge in interest rates in the coming era as I guess could be in double digit (some times more than even 14%). There could be sure some housing prices chances to go down – however … with the devaulation again no value to the money situation would keep housing rates at the same level or not much lower…… well I am self talking all these no one can predict but this situation would also be considered.

[5yearwaiter]

[quote=Bob][quote=5yearwaiter]Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.[/quote]

Thats a good question, so let me try to explain it as best I can.

Yields on 10-year and 30-year Treasury securities are typically used to set long-term mortgage rates. Loans with short initial terms (1-, 3-, and 5- year ARMs are used for shorter-term securities.) So when bond yields drop, typically, conventional mortgage rates fall as well. But, when yields rise, so do mortgage rates. Why? If a lender chooses to sell your mortgage loan to an investor, the lender will likely use Treasury yields as a benchmark for value.

As for Bernanke, when he made the decision to purchase securities, he did so with the goal of reducing bond yields, with the clear intention of lowering mortgage rates. This policy was implemented with the hopes of kickstarting the economy and the real estate market out of its deflationary cycle. But the only way to sustain such low rates will be for the Fed to continue purchasing securities. At some point this summer, Bernanke will have to make an important decision on whether or not to continue this policy. If he continues the policy, that will be a clear indication that the economy hasn’t yet turned the corner…but it will also be a red flag for future inflation.
[/quote]

Bob, don’t you think the current prevaling economy leading a hyper inflation (like in the 1970s Jimmy Carter time a lot minting occured eventually resulted a $ devaluation – such situation generally money value goes down. If we think that way sure there will be a surge in interest rates in the coming era as I guess could be in double digit (some times more than even 14%). There could be sure some housing prices chances to go down – however … with the devaulation again no value to the money situation would keep housing rates at the same level or not much lower…… well I am self talking all these no one can predict but this situation would also be considered.

[5yearwaiter]

[quote=Bob][quote=5yearwaiter]Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.[/quote]

Thats a good question, so let me try to explain it as best I can.

Yields on 10-year and 30-year Treasury securities are typically used to set long-term mortgage rates. Loans with short initial terms (1-, 3-, and 5- year ARMs are used for shorter-term securities.) So when bond yields drop, typically, conventional mortgage rates fall as well. But, when yields rise, so do mortgage rates. Why? If a lender chooses to sell your mortgage loan to an investor, the lender will likely use Treasury yields as a benchmark for value.

As for Bernanke, when he made the decision to purchase securities, he did so with the goal of reducing bond yields, with the clear intention of lowering mortgage rates. This policy was implemented with the hopes of kickstarting the economy and the real estate market out of its deflationary cycle. But the only way to sustain such low rates will be for the Fed to continue purchasing securities. At some point this summer, Bernanke will have to make an important decision on whether or not to continue this policy. If he continues the policy, that will be a clear indication that the economy hasn’t yet turned the corner…but it will also be a red flag for future inflation.
[/quote]

Bob, don’t you think the current prevaling economy leading a hyper inflation (like in the 1970s Jimmy Carter time a lot minting occured eventually resulted a $ devaluation – such situation generally money value goes down. If we think that way sure there will be a surge in interest rates in the coming era as I guess could be in double digit (some times more than even 14%). There could be sure some housing prices chances to go down – however … with the devaulation again no value to the money situation would keep housing rates at the same level or not much lower…… well I am self talking all these no one can predict but this situation would also be considered.

[5yearwaiter]

[quote=Bob][quote=5yearwaiter]Bob, How mortgage rates spike happens if Bernanke pull out the Fed feeding to treasuries?. I know I am not up to your level of guess interms of bond market etc – so this question.[/quote]

Thats a good question, so let me try to explain it as best I can.

Yields on 10-year and 30-year Treasury securities are typically used to set long-term mortgage rates. Loans with short initial terms (1-, 3-, and 5- year ARMs are used for shorter-term securities.) So when bond yields drop, typically, conventional mortgage rates fall as well. But, when yields rise, so do mortgage rates. Why? If a lender chooses to sell your mortgage loan to an investor, the lender will likely use Treasury yields as a benchmark for value.

As for Bernanke, when he made the decision to purchase securities, he did so with the goal of reducing bond yields, with the clear intention of lowering mortgage rates. This policy was implemented with the hopes of kickstarting the economy and the real estate market out of its deflationary cycle. But the only way to sustain such low rates will be for the Fed to continue purchasing securities. At some point this summer, Bernanke will have to make an important decision on whether or not to continue this policy. If he continues the policy, that will be a clear indication that the economy hasn’t yet turned the corner…but it will also be a red flag for future inflation.
[/quote]

Bob, don’t you think the current prevaling economy leading a hyper inflation (like in the 1970s Jimmy Carter time a lot minting occured eventually resulted a $ devaluation – such situation generally money value goes down. If we think that way sure there will be a surge in interest rates in the coming era as I guess could be in double digit (some times more than even 14%). There could be sure some housing prices chances to go down – however … with the devaulation again no value to the money situation would keep housing rates at the same level or not much lower…… well I am self talking all these no one can predict but this situation would also be considered.

[5yearwaiter]

[quote=4sranch_buyer]I am considering buying a similar property for $517K in the same community. Here’s the listing:

http://www.sdlookup.com/MLS-080077249-10408_Cherry_Blossom_San_Diego_Ca_92127

Please advice if this is a good buy at this time and how much more depreciation is expected on these kind of homes.[/quote]

This property has much less upgrades compare to the current 530K sold out. May be 517K is still way high for this at this moment. The house 530K sold out was in excellent condition and two times it went back n forth in escrows. The offer price is just 10k upper than listed price that time (520K). One way these are not fully detached homes as per definition. Car garrage still attached (just adjuscent) to others property. Though the area and house flore plans are good. It is almost a detached home and you can feel it that way.

[5yearwaiter]

[quote=4sranch_buyer]I am considering buying a similar property for $517K in the same community. Here’s the listing:

http://www.sdlookup.com/MLS-080077249-10408_Cherry_Blossom_San_Diego_Ca_92127

Please advice if this is a good buy at this time and how much more depreciation is expected on these kind of homes.[/quote]

This property has much less upgrades compare to the current 530K sold out. May be 517K is still way high for this at this moment. The house 530K sold out was in excellent condition and two times it went back n forth in escrows. The offer price is just 10k upper than listed price that time (520K). One way these are not fully detached homes as per definition. Car garrage still attached (just adjuscent) to others property. Though the area and house flore plans are good. It is almost a detached home and you can feel it that way.

[5yearwaiter]

[quote=4sranch_buyer]I am considering buying a similar property for $517K in the same community. Here’s the listing:

http://www.sdlookup.com/MLS-080077249-10408_Cherry_Blossom_San_Diego_Ca_92127

Please advice if this is a good buy at this time and how much more depreciation is expected on these kind of homes.[/quote]

This property has much less upgrades compare to the current 530K sold out. May be 517K is still way high for this at this moment. The house 530K sold out was in excellent condition and two times it went back n forth in escrows. The offer price is just 10k upper than listed price that time (520K). One way these are not fully detached homes as per definition. Car garrage still attached (just adjuscent) to others property. Though the area and house flore plans are good. It is almost a detached home and you can feel it that way.

[5yearwaiter]

[quote=4sranch_buyer]I am considering buying a similar property for $517K in the same community. Here’s the listing:

http://www.sdlookup.com/MLS-080077249-10408_Cherry_Blossom_San_Diego_Ca_92127

Please advice if this is a good buy at this time and how much more depreciation is expected on these kind of homes.[/quote]

This property has much less upgrades compare to the current 530K sold out. May be 517K is still way high for this at this moment. The house 530K sold out was in excellent condition and two times it went back n forth in escrows. The offer price is just 10k upper than listed price that time (520K). One way these are not fully detached homes as per definition. Car garrage still attached (just adjuscent) to others property. Though the area and house flore plans are good. It is almost a detached home and you can feel it that way.

[Author]

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