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December 2, 2007 at 6:56 PM in reply to: Housing market will decline no matter what happens with interest rates. #107570December 2, 2007 at 6:56 PM in reply to: Housing market will decline no matter what happens with interest rates. #107666
markzuber
ParticipantIn the video, Thornberg is saying that homeowners who purchased houses in 2006 and 2007 are defaulting on mortgage loans even before interest rates reset. So, freezing rates will not help much.
December 2, 2007 at 6:56 PM in reply to: Housing market will decline no matter what happens with interest rates. #107702markzuber
ParticipantIn the video, Thornberg is saying that homeowners who purchased houses in 2006 and 2007 are defaulting on mortgage loans even before interest rates reset. So, freezing rates will not help much.
December 2, 2007 at 6:56 PM in reply to: Housing market will decline no matter what happens with interest rates. #107714markzuber
ParticipantIn the video, Thornberg is saying that homeowners who purchased houses in 2006 and 2007 are defaulting on mortgage loans even before interest rates reset. So, freezing rates will not help much.
December 2, 2007 at 6:56 PM in reply to: Housing market will decline no matter what happens with interest rates. #107726markzuber
ParticipantIn the video, Thornberg is saying that homeowners who purchased houses in 2006 and 2007 are defaulting on mortgage loans even before interest rates reset. So, freezing rates will not help much.
December 2, 2007 at 6:43 PM in reply to: Housing market will decline no matter what happens with interest rates. #107565markzuber
ParticipantThe video is from Nov 30 2007. View the video.
December 2, 2007 at 6:43 PM in reply to: Housing market will decline no matter what happens with interest rates. #107662markzuber
ParticipantThe video is from Nov 30 2007. View the video.
December 2, 2007 at 6:43 PM in reply to: Housing market will decline no matter what happens with interest rates. #107698markzuber
ParticipantThe video is from Nov 30 2007. View the video.
December 2, 2007 at 6:43 PM in reply to: Housing market will decline no matter what happens with interest rates. #107709markzuber
ParticipantThe video is from Nov 30 2007. View the video.
December 2, 2007 at 6:43 PM in reply to: Housing market will decline no matter what happens with interest rates. #107723markzuber
ParticipantThe video is from Nov 30 2007. View the video.
markzuber
ParticipantProperty tax cost on 400K should be about 4.5K or about $367 monthly. 30 Year Fixed Mortgage on 400k should be about $2,400 monthly. So, the total house payment will be $367 + $2,400 = $2,767.
Did I miss something here?
markzuber
ParticipantProperty tax cost on 400K should be about 4.5K or about $367 monthly. 30 Year Fixed Mortgage on 400k should be about $2,400 monthly. So, the total house payment will be $367 + $2,400 = $2,767.
Did I miss something here?
markzuber
ParticipantProperty tax cost on 400K should be about 4.5K or about $367 monthly. 30 Year Fixed Mortgage on 400k should be about $2,400 monthly. So, the total house payment will be $367 + $2,400 = $2,767.
Did I miss something here?
markzuber
ParticipantProperty tax cost on 400K should be about 4.5K or about $367 monthly. 30 Year Fixed Mortgage on 400k should be about $2,400 monthly. So, the total house payment will be $367 + $2,400 = $2,767.
Did I miss something here?
markzuber
ParticipantProperty tax cost on 400K should be about 4.5K or about $367 monthly. 30 Year Fixed Mortgage on 400k should be about $2,400 monthly. So, the total house payment will be $367 + $2,400 = $2,767.
Did I miss something here?
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