Forum Replies Created
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AuthorPosts
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HLS
ParticipantNicole,
I’m not sure if you understood. There is a program that you may qualify for that does not require 20% equity and there is no mortgage insurance.
If you qualify, at little to no cost you may be able to get down to around 5.25%
and save thousands of dollars a year in interest.Rates took another drop a few days ago.
HLS
ParticipantRates are actually a bit lower than when the Fed (supposedly) stopped buying MBS. For a 30 YR Fixed, 5.00% had a cost of 1pt at the end of March.
On 4/30 5.00% was available with no points.It was known that the Fed would stop buying MBS months ago, this was no surprise. It is surprise announcements that move markets.
An oil spill that is 5 times worse than previously dislcosed. (gives “important” people time to dump their stock) I expect price of oil to sky rocket. $4-$5 a gallon gas for the summer, how convenient. $150-$200 a barrel is not out of the question. (I hope that it deosn’t happen)
A car bomb in Times Square/Theatre District on a Saturday night, either a terrorist act OR a sick individual.
While confidence should be shaken to the core with a doubt to everything that the govt reports, many people remain oblivious and firmly believing that the “foolishness of yesteryear” will return shortly, if they just hang on to the fantasy a little longer.
HLS
ParticipantRates are actually a bit lower than when the Fed (supposedly) stopped buying MBS. For a 30 YR Fixed, 5.00% had a cost of 1pt at the end of March.
On 4/30 5.00% was available with no points.It was known that the Fed would stop buying MBS months ago, this was no surprise. It is surprise announcements that move markets.
An oil spill that is 5 times worse than previously dislcosed. (gives “important” people time to dump their stock) I expect price of oil to sky rocket. $4-$5 a gallon gas for the summer, how convenient. $150-$200 a barrel is not out of the question. (I hope that it deosn’t happen)
A car bomb in Times Square/Theatre District on a Saturday night, either a terrorist act OR a sick individual.
While confidence should be shaken to the core with a doubt to everything that the govt reports, many people remain oblivious and firmly believing that the “foolishness of yesteryear” will return shortly, if they just hang on to the fantasy a little longer.
HLS
ParticipantRates are actually a bit lower than when the Fed (supposedly) stopped buying MBS. For a 30 YR Fixed, 5.00% had a cost of 1pt at the end of March.
On 4/30 5.00% was available with no points.It was known that the Fed would stop buying MBS months ago, this was no surprise. It is surprise announcements that move markets.
An oil spill that is 5 times worse than previously dislcosed. (gives “important” people time to dump their stock) I expect price of oil to sky rocket. $4-$5 a gallon gas for the summer, how convenient. $150-$200 a barrel is not out of the question. (I hope that it deosn’t happen)
A car bomb in Times Square/Theatre District on a Saturday night, either a terrorist act OR a sick individual.
While confidence should be shaken to the core with a doubt to everything that the govt reports, many people remain oblivious and firmly believing that the “foolishness of yesteryear” will return shortly, if they just hang on to the fantasy a little longer.
HLS
ParticipantRates are actually a bit lower than when the Fed (supposedly) stopped buying MBS. For a 30 YR Fixed, 5.00% had a cost of 1pt at the end of March.
On 4/30 5.00% was available with no points.It was known that the Fed would stop buying MBS months ago, this was no surprise. It is surprise announcements that move markets.
An oil spill that is 5 times worse than previously dislcosed. (gives “important” people time to dump their stock) I expect price of oil to sky rocket. $4-$5 a gallon gas for the summer, how convenient. $150-$200 a barrel is not out of the question. (I hope that it deosn’t happen)
A car bomb in Times Square/Theatre District on a Saturday night, either a terrorist act OR a sick individual.
While confidence should be shaken to the core with a doubt to everything that the govt reports, many people remain oblivious and firmly believing that the “foolishness of yesteryear” will return shortly, if they just hang on to the fantasy a little longer.
HLS
ParticipantRates are actually a bit lower than when the Fed (supposedly) stopped buying MBS. For a 30 YR Fixed, 5.00% had a cost of 1pt at the end of March.
On 4/30 5.00% was available with no points.It was known that the Fed would stop buying MBS months ago, this was no surprise. It is surprise announcements that move markets.
An oil spill that is 5 times worse than previously dislcosed. (gives “important” people time to dump their stock) I expect price of oil to sky rocket. $4-$5 a gallon gas for the summer, how convenient. $150-$200 a barrel is not out of the question. (I hope that it deosn’t happen)
A car bomb in Times Square/Theatre District on a Saturday night, either a terrorist act OR a sick individual.
While confidence should be shaken to the core with a doubt to everything that the govt reports, many people remain oblivious and firmly believing that the “foolishness of yesteryear” will return shortly, if they just hang on to the fantasy a little longer.
HLS
ParticipantCD,,
Depends on property type, value, income etc.
30 YR Fixed rates are around 5% (or below)
5-7 YR ARMS start at 3.50%
If you qualify, you could be saving money.HLS
ParticipantCD,,
Depends on property type, value, income etc.
30 YR Fixed rates are around 5% (or below)
5-7 YR ARMS start at 3.50%
If you qualify, you could be saving money.HLS
ParticipantCD,,
Depends on property type, value, income etc.
30 YR Fixed rates are around 5% (or below)
5-7 YR ARMS start at 3.50%
If you qualify, you could be saving money.HLS
ParticipantCD,,
Depends on property type, value, income etc.
30 YR Fixed rates are around 5% (or below)
5-7 YR ARMS start at 3.50%
If you qualify, you could be saving money.HLS
ParticipantCD,,
Depends on property type, value, income etc.
30 YR Fixed rates are around 5% (or below)
5-7 YR ARMS start at 3.50%
If you qualify, you could be saving money.HLS
ParticipantWB…
It’s a complete manipulated scam condoned by the govt, allowing some people to make a fortune while others will lose big, although they have complete confidence in the system because the govt encourages it.. (wait a minute, did you ask me about the housing market OR the stock market ??)The average person refuses to accept what the stock market actually is (a casino), and feels forced to participate as the only option. Most are forced to only benefit from being on the long side, yet fortunes are made by true professionals who are on the short side.
It’s the equivalent of letting:
1st graders drive a car
2nd graders play college sports
3rd graders perform root canals
4th graders buy houses with no money downAny of these things might work for a while, but when the tide goes out and we find out who has been swimming naked it’s not going to be pretty.
Plenty of other alternatives..
Did you see this thread: http://piggington.com/confessions_of_a_wall_st_nihilist
Some people will make money but I believe that millions will be disillusioned when the bubble bursts and the result will make the current economic situation look like a booming goldrush.
Maybe not soon, but this will not pass forever.
HLS
ParticipantWB…
It’s a complete manipulated scam condoned by the govt, allowing some people to make a fortune while others will lose big, although they have complete confidence in the system because the govt encourages it.. (wait a minute, did you ask me about the housing market OR the stock market ??)The average person refuses to accept what the stock market actually is (a casino), and feels forced to participate as the only option. Most are forced to only benefit from being on the long side, yet fortunes are made by true professionals who are on the short side.
It’s the equivalent of letting:
1st graders drive a car
2nd graders play college sports
3rd graders perform root canals
4th graders buy houses with no money downAny of these things might work for a while, but when the tide goes out and we find out who has been swimming naked it’s not going to be pretty.
Plenty of other alternatives..
Did you see this thread: http://piggington.com/confessions_of_a_wall_st_nihilist
Some people will make money but I believe that millions will be disillusioned when the bubble bursts and the result will make the current economic situation look like a booming goldrush.
Maybe not soon, but this will not pass forever.
HLS
ParticipantWB…
It’s a complete manipulated scam condoned by the govt, allowing some people to make a fortune while others will lose big, although they have complete confidence in the system because the govt encourages it.. (wait a minute, did you ask me about the housing market OR the stock market ??)The average person refuses to accept what the stock market actually is (a casino), and feels forced to participate as the only option. Most are forced to only benefit from being on the long side, yet fortunes are made by true professionals who are on the short side.
It’s the equivalent of letting:
1st graders drive a car
2nd graders play college sports
3rd graders perform root canals
4th graders buy houses with no money downAny of these things might work for a while, but when the tide goes out and we find out who has been swimming naked it’s not going to be pretty.
Plenty of other alternatives..
Did you see this thread: http://piggington.com/confessions_of_a_wall_st_nihilist
Some people will make money but I believe that millions will be disillusioned when the bubble bursts and the result will make the current economic situation look like a booming goldrush.
Maybe not soon, but this will not pass forever.
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