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.
Pastimes : The Big Picture - Economics and Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimbaBear who wrote (615)2/1/1999 9:36:00 PM
From: Sid Turtlman  Read Replies (2) of 686
 
TimbaBear: Interesting perspective. Is the issue that the loans are too high relative to the value of their homes, or are the loans too high relative to the borrowers' incomes? Presumably the former could be cured by some inflation in house prices.

Also, generally, are they trying to refinance to lower their monthly payments due to lower rates, or are they spending faster than they are earning and need to turn some house equity into cash to maintain their lifestyles?

Obviously, each customer is different, but I was wondering if you are seeing a general trend. Thanks.
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