[j]

Of course values are going to go down, because people paid too much. The Values are going to go down to what they should be. Government intervention will only artificially inflate values, causing harm to the young and driving them out of the over priced cities like San Diego. That will eventually hurt those cities as their work forces leave for affordable housing. Look at the decline in school enrollment in San Diego over the last 5 years.

[j]

In the early 80’s interest rates were in the the high teens. That is why defaults were so high. I believe interest rates for mortgages will be around 10% in a year. The weak dollar and strong Euro will force rates up. The US with its negative savings rate is dependent on foreign savers that will be going over seas unless rates go up. I believe in 18-24 months mortgage rates will be 12-15% for people with good credit. Foreclosure rates will be much higher than 1983. History does not repeat, it rhymes.

[j]

In the early 80’s interest rates were in the the high teens. That is why defaults were so high. I believe interest rates for mortgages will be around 10% in a year. The weak dollar and strong Euro will force rates up. The US with its negative savings rate is dependent on foreign savers that will be going over seas unless rates go up. I believe in 18-24 months mortgage rates will be 12-15% for people with good credit. Foreclosure rates will be much higher than 1983. History does not repeat, it rhymes.

[j]

In the early 80’s interest rates were in the the high teens. That is why defaults were so high. I believe interest rates for mortgages will be around 10% in a year. The weak dollar and strong Euro will force rates up. The US with its negative savings rate is dependent on foreign savers that will be going over seas unless rates go up. I believe in 18-24 months mortgage rates will be 12-15% for people with good credit. Foreclosure rates will be much higher than 1983. History does not repeat, it rhymes.

[j]

In the early 80’s interest rates were in the the high teens. That is why defaults were so high. I believe interest rates for mortgages will be around 10% in a year. The weak dollar and strong Euro will force rates up. The US with its negative savings rate is dependent on foreign savers that will be going over seas unless rates go up. I believe in 18-24 months mortgage rates will be 12-15% for people with good credit. Foreclosure rates will be much higher than 1983. History does not repeat, it rhymes.

[j]

In the early 80’s interest rates were in the the high teens. That is why defaults were so high. I believe interest rates for mortgages will be around 10% in a year. The weak dollar and strong Euro will force rates up. The US with its negative savings rate is dependent on foreign savers that will be going over seas unless rates go up. I believe in 18-24 months mortgage rates will be 12-15% for people with good credit. Foreclosure rates will be much higher than 1983. History does not repeat, it rhymes.

[j]

Watch the foreclosure data, because it will foretell the market.
http://www.foreclosureforum.com/stats.html

Remember we are only in year 3 of the correction; last time it took 7 years.

[j]

Watch the foreclosure data, because it will foretell the market.
http://www.foreclosureforum.com/stats.html

Remember we are only in year 3 of the correction; last time it took 7 years.

[j]

Watch the foreclosure data, because it will foretell the market.
http://www.foreclosureforum.com/stats.html

Remember we are only in year 3 of the correction; last time it took 7 years.

[j]

Watch the foreclosure data, because it will foretell the market.
http://www.foreclosureforum.com/stats.html

Remember we are only in year 3 of the correction; last time it took 7 years.

[j]

Watch the foreclosure data, because it will foretell the market.
http://www.foreclosureforum.com/stats.html

Remember we are only in year 3 of the correction; last time it took 7 years.

[j]

Wow! If home loans are written down to what people can really pay, the US’s number one export will be destroyed. We do not make anything; we sell financial instruments. Will anybody buy now, let alone after a mass mortgage write down. Remember when a dollar could buy a gallon of gas?

[j]

Wow! If home loans are written down to what people can really pay, the US’s number one export will be destroyed. We do not make anything; we sell financial instruments. Will anybody buy now, let alone after a mass mortgage write down. Remember when a dollar could buy a gallon of gas?

[j]

Wow! If home loans are written down to what people can really pay, the US’s number one export will be destroyed. We do not make anything; we sell financial instruments. Will anybody buy now, let alone after a mass mortgage write down. Remember when a dollar could buy a gallon of gas?

[j]

Wow! If home loans are written down to what people can really pay, the US’s number one export will be destroyed. We do not make anything; we sell financial instruments. Will anybody buy now, let alone after a mass mortgage write down. Remember when a dollar could buy a gallon of gas?

[Author]

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