Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: kris b who wrote (47239)	12/14/2005 7:26:39 AM
From: dpl	Read Replies (2) \| Respond to of 110194

"What do you think is it a former or a later? I think former. Morons." One word. Greed.

To: kris b who wrote (47239)	12/14/2005 2:50:04 PM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

They are all at fault Kris. And our government looked the other way and actually encouraged all this nonsense. I still get solicited on a daily basis with these ridiculous 1% pay rate for 30 yr bs. Refinance my high mortgage (now 4.8% fixed) cash out a bunch tax free and payments on $300k mortgage of only $750/month.. They playing on a new generation of suckers. Full page adds in the paper for new affordable starter condos for $300k with monthly payments on your mortgage for less than rent.. Of course the unsuspecting fools buying this stuff don't realize the accrued interest, RE taxes, insurance, HOA dues and upkeep almost triple their payment or that these condos would only have been worth $50-70k in the late 1990's..