The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (80047)	6/25/2007 10:37:53 AM
From: Smiling Bob	Read Replies (2) of 306849

Absolutely. Rather than get a mortgage that fit your income, you simply stated your income to fit the mortgage desired to buy the home/loan of your dreams. It's long known that the Americans are notorious for undersaving, overspending, overindulging and overborrowing. The yet to be known monkey is how many jumped at the chance to cash in on the big gubbament gibaway. Probably much, much higher than the mkt reflects. DOW up 70!!!!!

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