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ocrenter
Participanttrue, was thinking about that later on today.
what these folks really need to do is go on a strict budget and cut out any unnecessary expenses. if that doesn’t work, there’s always Arizona.
ocrenter
Participanttrue, was thinking about that later on today.
what these folks really need to do is go on a strict budget and cut out any unnecessary expenses. if that doesn’t work, there’s always Arizona.
ocrenter
Participantesmith, thanks for the breakdown, I revised some of my numbers on the post.
ocrenter
Participantesmith, thanks for the breakdown, I revised some of my numbers on the post.
ocrenter
Participantesmith, thanks for the breakdown, I revised some of my numbers on the post.
ocrenter
Participantesmith, thanks for the breakdown, I revised some of my numbers on the post.
ocrenter
Participantesmith, thanks for the breakdown, I revised some of my numbers on the post.
ocrenter
Participantwell, here’s my take on the subject, enjoy!
http://bubbletracking.blogspot.com/2007/12/more-financial-malpractice-from-union.html
ocrenter
Participantwell, here’s my take on the subject, enjoy!
http://bubbletracking.blogspot.com/2007/12/more-financial-malpractice-from-union.html
ocrenter
Participantwell, here’s my take on the subject, enjoy!
http://bubbletracking.blogspot.com/2007/12/more-financial-malpractice-from-union.html
ocrenter
Participantwell, here’s my take on the subject, enjoy!
http://bubbletracking.blogspot.com/2007/12/more-financial-malpractice-from-union.html
ocrenter
Participantwell, here’s my take on the subject, enjoy!
http://bubbletracking.blogspot.com/2007/12/more-financial-malpractice-from-union.html
December 2, 2007 at 7:42 AM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #107200ocrenter
ParticipantThey’re not talking about locking at 4.5%. They said in the WSJ yesterday that the loans they’re considering would lock at between 7-9% instead of adjusting to 9-11%.
but then this would be purely for show! the very reason for these subprime loans was because normal folks can’t afford to buy homes with normal rates of 7-9%. but they could be squeezed into a home by dropping that rate to 4.5%.
by creating that ceiling of 7-9%, vast majority of folks would still foreclose away.
I actually thought if this thing goes thru the decline would slow down a bit. if this 7-9% thing is true, then the show will go on without any disruptions.
December 2, 2007 at 7:42 AM in reply to: CNN — Rate freeze plan for ARMs gains traction. How will this affect the market if this goes thru? #107297ocrenter
ParticipantThey’re not talking about locking at 4.5%. They said in the WSJ yesterday that the loans they’re considering would lock at between 7-9% instead of adjusting to 9-11%.
but then this would be purely for show! the very reason for these subprime loans was because normal folks can’t afford to buy homes with normal rates of 7-9%. but they could be squeezed into a home by dropping that rate to 4.5%.
by creating that ceiling of 7-9%, vast majority of folks would still foreclose away.
I actually thought if this thing goes thru the decline would slow down a bit. if this 7-9% thing is true, then the show will go on without any disruptions.
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