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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (89775)	9/18/2007 10:10:32 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Recession will be guaranteed if long term rates and oil spike up a bunch from here.. Housing bubble by itself amazingly is still only the sideshow as some suspected..

To: DebtBomb who wrote (89775)	9/18/2007 10:39:58 PM
From: John Chen	Read Replies (1) \| Respond to of 306849

"FED..panic..rookie mistake". FED is really limited in power once God, war is in the thick of things.

To: DebtBomb who wrote (89775)	9/18/2007 11:01:00 PM
From: posthumousone	Read Replies (1) \| Respond to of 306849

I recently sold my house...i had a 5 year arm....i looked closer at the loan. 4% initial for 5 year 2% increase TACKED onto the current LIBOR rate starting in 2009. Capped at 9% (i am now assuming this is for the first year reset)2% low end cap. Changes once a year. So what is the CURRENT LIBOR rate?

To: DebtBomb who wrote (89775)	9/18/2007 11:36:29 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

It's the financial equivalent of Bush blundering into Iraq after 09/11. The real estate bubble implosion was the planes hitting the towers, we woulda gotten over that with prudent patience and surgical strikes. The FF cut was Shock and Awe, sucking us into an inflationary maelstrom.....we'll see the denouement in 6-18 months with inflation, oil spiking and the Chinese executing the nuclear option.