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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (46107)11/25/2005 11:13:37 AM
From: mishedlo  Read Replies (1) of 110194
 
Our own loan went from 500 a month minimum to 800+ month and still climbing.
That is on a 160K loan and we did not come close to getting the bottom in rates either. Add in property taxes (ours are enormous) and you have a problem for anyone who remotely stretched.

It is a mistake to think this will not matter to many.
Mish
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