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: tejek who wrote (283079)	10/14/2010 1:21:48 PM
From: John Vosilla	Read Replies (2) of 306849

It is insane. The mortgage payment on $200k for 30 years at 8.5% considered a good rate in the 1990's was $1517. At 4.25% the payment is now only $982. A huge reason when you extrapolate to $400k or $600k that the high end with strong credit worthy borrowers and solid incomes hasn't cracked as hard yet..

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