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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (421335)	10/1/2008 1:25:20 PM
From: tejek	Read Replies (1) \| Respond to of 1577020

You can still get 100% FHA mortgages if you work it...On the other, what's wrong with having to make a 20% down payment to get a mortgage? At what interest rate are you getting your 20% down loans?

To: Jim McMannis who wrote (421335)	10/1/2008 1:45:01 PM
From: tejek	Read Replies (2) \| Respond to of 1577020

Tell me, jimbo, how many houses do you have under contract? Last week, mortgage applications fell to their lowest level since Feb 2002, a winter month in the middle of a recession. Do your clients sound real confident or real nervous? Tell me again, how this is a WS problem and not a MS one.

To: Jim McMannis who wrote (421335)	10/1/2008 5:10:23 PM
From: tejek	Read Replies (1) \| Respond to of 1577020

You can still get 100% FHA mortgages if you work it...On the other, what's wrong with having to make a 20% down payment to get a mortgage? Why don't you tell the nice people here what percent of all mortgages made in this country are FHA mortgages? Even as demand for FHA insurance has increased because there are fewer alternatives and even with the concurrent drop in housing sales, sales insured by FHA are no more than 10% of total sales. I am afraid FHA just ain't going to do it for us.