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

To: Think4Yourself who wrote (200543)5/6/2009 12:19:42 PM
From: Bank Holding CompanyRespond to of 306849
 
> If you need a place to stay, buying a house might make sense. <<

if you can get a 4.75 fixed.



To: Think4Yourself who wrote (200543)5/6/2009 1:20:28 PM
From: Broken_ClockRespond to of 306849
 
with the ten year over 3% and mortgage rates just over 4% the spread is slim

that's why only fannie/freddie/fha that can be immediately dumped on the gov't(J6P) is moving.

Then the banks can borrow short term at .5% and sell back to the gov'r right away.

quite a scam.


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