The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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elmatador

To: elmatador who wrote (6039)	7/30/2020 5:14:17 PM
From: John Vosilla	1 Recommendation of 13803

Rents very high. That is a trend to watch going forward see if it drops substantially a sign of deflation depression on the horizon?. We know interest rates should stay quite low a couple more years. Would disagree one thing in that article on buyers needing to put a lot of money down. Have seen lots of 2-3% down for several years and more recently seeing zero down again. Big differences from 15 years ago it is much harder to qualify and people taking fixed rate mortgages comfortable payments for 15-30 years rather than 1% start rate option ARM's (with negative amortization plus payments that skyrocket a year or two later) to get into more expensive houses they couldn't afford.

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