[HLS]

1) The gooberment calls them homeowners.
They are in denial just like the house occupants.

2) You represent the majority that may need to revolt/riot

3) I’m on your side

HLS

[HLS]

1) The gooberment calls them homeowners.
They are in denial just like the house occupants.

2) You represent the majority that may need to revolt/riot

3) I’m on your side

HLS

[HLS]

[quote=rbeast]When will 4.5% take effect – any guesses???[/quote]

Don’t hold your breath, but I will post ASAP if it ever becomes available.

(Rates were 5.00% last week, and were actually available)

I doubt it will be a simple loan…probably going to be a bailout fee/tax attached.

Who knows, it may not ever happen.

As of today it’s only talk. Who knows what the qualifying or the loan amount caps will be.

Socrat, If it is similar to current programs you will have mortgage insurance with a 90% loan.

@ $495K, your total payment would be about $3400. It’s about $3150 PITI + MI .HLS

[HLS]

[quote=rbeast]When will 4.5% take effect – any guesses???[/quote]

Don’t hold your breath, but I will post ASAP if it ever becomes available.

(Rates were 5.00% last week, and were actually available)

I doubt it will be a simple loan…probably going to be a bailout fee/tax attached.

Who knows, it may not ever happen.

As of today it’s only talk. Who knows what the qualifying or the loan amount caps will be.

Socrat, If it is similar to current programs you will have mortgage insurance with a 90% loan.

@ $495K, your total payment would be about $3400. It’s about $3150 PITI + MI .HLS

[HLS]

[quote=rbeast]When will 4.5% take effect – any guesses???[/quote]

Don’t hold your breath, but I will post ASAP if it ever becomes available.

(Rates were 5.00% last week, and were actually available)

I doubt it will be a simple loan…probably going to be a bailout fee/tax attached.

Who knows, it may not ever happen.

As of today it’s only talk. Who knows what the qualifying or the loan amount caps will be.

Socrat, If it is similar to current programs you will have mortgage insurance with a 90% loan.

@ $495K, your total payment would be about $3400. It’s about $3150 PITI + MI .HLS

[HLS]

[quote=rbeast]When will 4.5% take effect – any guesses???[/quote]

Don’t hold your breath, but I will post ASAP if it ever becomes available.

(Rates were 5.00% last week, and were actually available)

I doubt it will be a simple loan…probably going to be a bailout fee/tax attached.

Who knows, it may not ever happen.

As of today it’s only talk. Who knows what the qualifying or the loan amount caps will be.

Socrat, If it is similar to current programs you will have mortgage insurance with a 90% loan.

@ $495K, your total payment would be about $3400. It’s about $3150 PITI + MI .HLS

[HLS]

[quote=rbeast]When will 4.5% take effect – any guesses???[/quote]

Don’t hold your breath, but I will post ASAP if it ever becomes available.

(Rates were 5.00% last week, and were actually available)

I doubt it will be a simple loan…probably going to be a bailout fee/tax attached.

Who knows, it may not ever happen.

As of today it’s only talk. Who knows what the qualifying or the loan amount caps will be.

Socrat, If it is similar to current programs you will have mortgage insurance with a 90% loan.

@ $495K, your total payment would be about $3400. It’s about $3150 PITI + MI .HLS

[HLS]

The only way is by government spending then, correct ?
Are there any other options ??

Let’s do a poll on where the national debt will be in 12 months. My guess is 20 trillion.

Will they be able to sell trillions more in T-Bills at <3% ??

Govt will subsidize cars and plasma TV's in every house in the nation.

Forget about healthcare or anything preventative, just spend, spend, spend.

Many people's lives are already in a D.
Forget about the clinical definition.
It's not going go get any better for millions for a very long time.

We may have 20% of population on welfare/food stamps soon. . HLS

[HLS]

The only way is by government spending then, correct ?
Are there any other options ??

Let’s do a poll on where the national debt will be in 12 months. My guess is 20 trillion.

Will they be able to sell trillions more in T-Bills at <3% ??

Govt will subsidize cars and plasma TV's in every house in the nation.

Forget about healthcare or anything preventative, just spend, spend, spend.

Many people's lives are already in a D.
Forget about the clinical definition.
It's not going go get any better for millions for a very long time.

We may have 20% of population on welfare/food stamps soon. . HLS

[HLS]

The only way is by government spending then, correct ?
Are there any other options ??

Let’s do a poll on where the national debt will be in 12 months. My guess is 20 trillion.

Will they be able to sell trillions more in T-Bills at <3% ??

Govt will subsidize cars and plasma TV's in every house in the nation.

Forget about healthcare or anything preventative, just spend, spend, spend.

Many people's lives are already in a D.
Forget about the clinical definition.
It's not going go get any better for millions for a very long time.

We may have 20% of population on welfare/food stamps soon. . HLS

[HLS]

The only way is by government spending then, correct ?
Are there any other options ??

Let’s do a poll on where the national debt will be in 12 months. My guess is 20 trillion.

Will they be able to sell trillions more in T-Bills at <3% ??

Govt will subsidize cars and plasma TV's in every house in the nation.

Forget about healthcare or anything preventative, just spend, spend, spend.

Many people's lives are already in a D.
Forget about the clinical definition.
It's not going go get any better for millions for a very long time.

We may have 20% of population on welfare/food stamps soon. . HLS

[HLS]

The only way is by government spending then, correct ?
Are there any other options ??

Let’s do a poll on where the national debt will be in 12 months. My guess is 20 trillion.

Will they be able to sell trillions more in T-Bills at <3% ??

Govt will subsidize cars and plasma TV's in every house in the nation.

Forget about healthcare or anything preventative, just spend, spend, spend.

Many people's lives are already in a D.
Forget about the clinical definition.
It's not going go get any better for millions for a very long time.

We may have 20% of population on welfare/food stamps soon. . HLS

[HLS]

Dave,
I know that you know your stuff..

Do you really believe that we are going to actually avoid a depression ??

It’s just being delayed for those that aren’t ready to attend yet, like a meeting that is running a few minutes late, waiting for more to show up.

I’m thinking that the future comparisons will be to the “Greatest Depression” which will be the one of 2007-2016, not the “Great” 1929-1941.

In your example, only their payment will be lower, not their balance.

…..happily ever after. THE END. HLS

[HLS]

Dave,
I know that you know your stuff..

Do you really believe that we are going to actually avoid a depression ??

It’s just being delayed for those that aren’t ready to attend yet, like a meeting that is running a few minutes late, waiting for more to show up.

I’m thinking that the future comparisons will be to the “Greatest Depression” which will be the one of 2007-2016, not the “Great” 1929-1941.

In your example, only their payment will be lower, not their balance.

…..happily ever after. THE END. HLS

[HLS]

Dave,
I know that you know your stuff..

Do you really believe that we are going to actually avoid a depression ??

It’s just being delayed for those that aren’t ready to attend yet, like a meeting that is running a few minutes late, waiting for more to show up.

I’m thinking that the future comparisons will be to the “Greatest Depression” which will be the one of 2007-2016, not the “Great” 1929-1941.

In your example, only their payment will be lower, not their balance.

…..happily ever after. THE END. HLS

[Author]

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