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Omega Point
Participant[quote]the only way the government can keep 30 year mortgage interest rates down is to stop spending so much damn money[/quote]
I agree but that is not going to happen anytime soon. And if Obama wins, the spending will get even worse. I’ve read that if you add up all his campaign spending proposals, it totals to around $1 trillion in new spending. Can you say double-digit interest rates?
Participant[quote]the only way the government can keep 30 year mortgage interest rates down is to stop spending so much damn money[/quote]
I agree but that is not going to happen anytime soon. And if Obama wins, the spending will get even worse. I’ve read that if you add up all his campaign spending proposals, it totals to around $1 trillion in new spending. Can you say double-digit interest rates?
Participant[quote]the only way the government can keep 30 year mortgage interest rates down is to stop spending so much damn money[/quote]
I agree but that is not going to happen anytime soon. And if Obama wins, the spending will get even worse. I’ve read that if you add up all his campaign spending proposals, it totals to around $1 trillion in new spending. Can you say double-digit interest rates?
Participant[quote]the only way the government can keep 30 year mortgage interest rates down is to stop spending so much damn money[/quote]
I agree but that is not going to happen anytime soon. And if Obama wins, the spending will get even worse. I’ve read that if you add up all his campaign spending proposals, it totals to around $1 trillion in new spending. Can you say double-digit interest rates?
ParticipantDefinately a bear trap. ARMs are still resetting, new lower comps are being set, and the economy is weakening all the while inflation in food and other commodities is surging. What’s more, the Fed will probably begin raising rates by the end of the year or early next year to slow down inflation. At that point, more people with ARMs will be foreclosed on and the stage will be set for the next leg down.
ParticipantDefinately a bear trap. ARMs are still resetting, new lower comps are being set, and the economy is weakening all the while inflation in food and other commodities is surging. What’s more, the Fed will probably begin raising rates by the end of the year or early next year to slow down inflation. At that point, more people with ARMs will be foreclosed on and the stage will be set for the next leg down.
ParticipantDefinately a bear trap. ARMs are still resetting, new lower comps are being set, and the economy is weakening all the while inflation in food and other commodities is surging. What’s more, the Fed will probably begin raising rates by the end of the year or early next year to slow down inflation. At that point, more people with ARMs will be foreclosed on and the stage will be set for the next leg down.
ParticipantDefinately a bear trap. ARMs are still resetting, new lower comps are being set, and the economy is weakening all the while inflation in food and other commodities is surging. What’s more, the Fed will probably begin raising rates by the end of the year or early next year to slow down inflation. At that point, more people with ARMs will be foreclosed on and the stage will be set for the next leg down.
ParticipantDefinately a bear trap. ARMs are still resetting, new lower comps are being set, and the economy is weakening all the while inflation in food and other commodities is surging. What’s more, the Fed will probably begin raising rates by the end of the year or early next year to slow down inflation. At that point, more people with ARMs will be foreclosed on and the stage will be set for the next leg down.
April 25, 2008 at 6:00 PM in reply to: $1 M Gems with no Front Door, No Curb Appeal butt ugly outside but beautiful on the inside #194672ParticipantDid they build Sausalito? I’m renting and the windows are drafty. I don’t think they used much insulation. Cheap baseboards, cheap windows that need to be replaced already, and cheap hardware.
April 25, 2008 at 6:00 PM in reply to: $1 M Gems with no Front Door, No Curb Appeal butt ugly outside but beautiful on the inside #194703ParticipantDid they build Sausalito? I’m renting and the windows are drafty. I don’t think they used much insulation. Cheap baseboards, cheap windows that need to be replaced already, and cheap hardware.
April 25, 2008 at 6:00 PM in reply to: $1 M Gems with no Front Door, No Curb Appeal butt ugly outside but beautiful on the inside #194729ParticipantDid they build Sausalito? I’m renting and the windows are drafty. I don’t think they used much insulation. Cheap baseboards, cheap windows that need to be replaced already, and cheap hardware.
April 25, 2008 at 6:00 PM in reply to: $1 M Gems with no Front Door, No Curb Appeal butt ugly outside but beautiful on the inside #194746ParticipantDid they build Sausalito? I’m renting and the windows are drafty. I don’t think they used much insulation. Cheap baseboards, cheap windows that need to be replaced already, and cheap hardware.
April 25, 2008 at 6:00 PM in reply to: $1 M Gems with no Front Door, No Curb Appeal butt ugly outside but beautiful on the inside #194790ParticipantDid they build Sausalito? I’m renting and the windows are drafty. I don’t think they used much insulation. Cheap baseboards, cheap windows that need to be replaced already, and cheap hardware.
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