[j]

He is right about the Fed. With large banks like CitiGroup getting loans at 11.5% and the dollar devaluing like the Peso in the 70s, the Fed will have very little control over real interest rates.

[j]

If the $3000 is the total looks like it is about the same to buy as rent after taxes. But with 10,000 foreclosures a month in the Inland Empire prices will go down.

Make sure you are getting a good loan. Do not trust the broker; take your loan papers to your CPA. Look at all the fools that did not; it is worth a $100.

Plus, you will be stuck; it takes 6 to 18 months to sell.

[j]

If the $3000 is the total looks like it is about the same to buy as rent after taxes. But with 10,000 foreclosures a month in the Inland Empire prices will go down.

Make sure you are getting a good loan. Do not trust the broker; take your loan papers to your CPA. Look at all the fools that did not; it is worth a $100.

Plus, you will be stuck; it takes 6 to 18 months to sell.

[j]

If the $3000 is the total looks like it is about the same to buy as rent after taxes. But with 10,000 foreclosures a month in the Inland Empire prices will go down.

Make sure you are getting a good loan. Do not trust the broker; take your loan papers to your CPA. Look at all the fools that did not; it is worth a $100.

Plus, you will be stuck; it takes 6 to 18 months to sell.

[j]

If the $3000 is the total looks like it is about the same to buy as rent after taxes. But with 10,000 foreclosures a month in the Inland Empire prices will go down.

Make sure you are getting a good loan. Do not trust the broker; take your loan papers to your CPA. Look at all the fools that did not; it is worth a $100.

Plus, you will be stuck; it takes 6 to 18 months to sell.

[j]

If the $3000 is the total looks like it is about the same to buy as rent after taxes. But with 10,000 foreclosures a month in the Inland Empire prices will go down.

Make sure you are getting a good loan. Do not trust the broker; take your loan papers to your CPA. Look at all the fools that did not; it is worth a $100.

Plus, you will be stuck; it takes 6 to 18 months to sell.

[j]

Why pay for a broker? Go straight to the bank and save money. Most mortgage brokers would have a hard time passing a basic algebra class, all most brokers know how to do is calculate their commission.

[j]

Why pay for a broker? Go straight to the bank and save money. Most mortgage brokers would have a hard time passing a basic algebra class, all most brokers know how to do is calculate their commission.

[j]

Why pay for a broker? Go straight to the bank and save money. Most mortgage brokers would have a hard time passing a basic algebra class, all most brokers know how to do is calculate their commission.

[j]

Why pay for a broker? Go straight to the bank and save money. Most mortgage brokers would have a hard time passing a basic algebra class, all most brokers know how to do is calculate their commission.

[j]

Why pay for a broker? Go straight to the bank and save money. Most mortgage brokers would have a hard time passing a basic algebra class, all most brokers know how to do is calculate their commission.

[j]

As a runner that passes a lot of homes, I can tell you they are not selling. Meaning a repo is not generating any cash, so I believe the banks are hoping something form the government. Their hope will be crushed the next time a large bank needs cash like Countrywide and CitiGroup did. I believe that another loan from a foreign bank at a rate above 10% will make them realize that rates are going above 10% in the next 18 months. If “home owners” can’t make the payment at 7% interest how is 11%-12% going to work. The Fed needs to protect the dollar.

[j]

As a runner that passes a lot of homes, I can tell you they are not selling. Meaning a repo is not generating any cash, so I believe the banks are hoping something form the government. Their hope will be crushed the next time a large bank needs cash like Countrywide and CitiGroup did. I believe that another loan from a foreign bank at a rate above 10% will make them realize that rates are going above 10% in the next 18 months. If “home owners” can’t make the payment at 7% interest how is 11%-12% going to work. The Fed needs to protect the dollar.

[j]

As a runner that passes a lot of homes, I can tell you they are not selling. Meaning a repo is not generating any cash, so I believe the banks are hoping something form the government. Their hope will be crushed the next time a large bank needs cash like Countrywide and CitiGroup did. I believe that another loan from a foreign bank at a rate above 10% will make them realize that rates are going above 10% in the next 18 months. If “home owners” can’t make the payment at 7% interest how is 11%-12% going to work. The Fed needs to protect the dollar.

[j]

As a runner that passes a lot of homes, I can tell you they are not selling. Meaning a repo is not generating any cash, so I believe the banks are hoping something form the government. Their hope will be crushed the next time a large bank needs cash like Countrywide and CitiGroup did. I believe that another loan from a foreign bank at a rate above 10% will make them realize that rates are going above 10% in the next 18 months. If “home owners” can’t make the payment at 7% interest how is 11%-12% going to work. The Fed needs to protect the dollar.

[Author]

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