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: Sr K who wrote (87957)	9/3/2007 11:42:53 PM
From: Mick Mørmøny	Read Replies (1) of 306849

Re: I know what an owner-occupied house is, but what's an "owner-occupied household"? Maybe Wiki can answer your question. en.wikipedia.org Or the U.S. Bureau of the Census. quickfacts.census.gov <<In the golden age of American home buying — the years after World War II — savings-and-loan institutions or government agencies supplied returning G.I.’s with fixed 30-year mortgages.>> I don't recall 30-year mortgages in the 1940s, 1950s, or 1960s. When did they really start in the US? Not when or Fannie, Freddie, Ginnie, HUD, MBA, but try VA loans. homeloans.va.gov Looks like about April 1971. freddiemac.com Thanks for the link, anyway. We closed our first house on Sept. 4, 1984 at 13.5% plus 3 points. Looking at the chart, methinks we wuz robbed. So much for that "chartist" Charles Blow and that author Roger Lowenstein. Before you lose it, e-mail your questions to The NYT. They respond to their readers. Best regards! (_$_) Mick

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