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

To: Jim McMannis who wrote (120241)	5/2/2008 2:09:14 PM
From: Pogeu Mahone	Read Replies (2) \| Respond to of 306849

ok were do i go to get my nothing down mortgage? ================== No Assets? No Problem. forbes.com You probably thought nothing-down mortgage loans disappeared in the wake of the American subprime lending crisis, which has ensarled much of the world in a credit crunch. With quietly expanded powers, the Federal Housing Administration is already offering the next-best thing to nothing down on a house: a payment of just 3.0% ================== The Fed and Your Home schwabinsights.com Don’t bet on cheaper mortgages. The good news: low-rate home equity credit lines. As the Federal Reserve continues to slash short-term interest rates, falling mortgage rates shouldn’t be far behind, right? Unfortunately, no. While home equity loan rates (which are adjustable and follow short-term rates) have fallen, mortgage rates haven’t dropped in line with the Fed rate cuts—and in some cases, they’ve increased! Indeed, we believe mortgage rates will likely remain relatively high as the current market disruptions continue... mo'