SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (26052)12/5/2007 6:57:32 PM
From: KyrosL  Read Replies (3) of 218455
 
I figure anybody that can manage to accumulate a 20% or so down payment for a standard mortgage is responsible enough to own a house. A hefty down payment should be the key requirement for mortgages guaranteed by the GSEs, and the basis for any new regulations for all mortgages. It will be great for savings. At current prices rental apartments are much cheaper than owner occupied houses mortgaged to the max. People should be living in inexpensive rentals until they accumulate a sizable down payment, just like the old times.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News