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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (59064)12/18/2009 6:22:43 PM
From: Ilaine1 Recommendation  Read Replies (2) | Respond to of 217839
 
Hi elmat, no, I did not notice anything. Very busy with work, bankruptcies increasing due to credit cards jacking up interest rates to 30% and doubling minimum payments.

If they were trying to force people into bankruptcy I don't see how it would look any different.

Foreclosures slowed down due to government loan modification programs finally getting going. I am finally seeing clients get loan mods not only temporary approval but final deals, recorded in county land records. They're getting fixed interest rates at or below 5.25%, extensions to 40 years.

As for us, kids are home for Christmas, we're expecting up to 20 inches of snow this weekend.

We refinanced our house at 4.375% for 15 years, still have lots of equity, planning on getting the mortgage paid off before we retire, so thank you, Ben Bernanke. ;^)