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Strategies & Market Trends
The Residential Real Estate Crash Index
An SI Board Since June 2001
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306849 644 0 $HGX
Emcee:  patron_anejo_por_favor Type:  Unmoderated
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2100I may be just your opposite. I try to get in with as little of my money as possiDavid Jones3/13/2002
2099>>Surely you didn't mean that no one should purchase a home unless theOblomov3/13/2002
2098<<If you mean an unleveraged purchase, then I agree wholeheartedly. >&gTradelite3/13/2002
2097>>And good reason to purchase a home as soon as one is able. If you meanOblomov3/13/2002
2096<<Inflation coming?>> I'd say so...certainly the action in the patron_anejo_por_favor3/11/2002
2095Inflation coming? schaeffersresearch.comJoanP3/11/2002
2094Excerpt (now edited) from a story in today's print edition of Wall Street JoTradelite3/11/2002
2093Bozwood, the borrowers I'm referring to as down-and-out wouldn't get a dTradelite3/11/2002
2092<<<Bozwood....what this thread needs is a knowledgeable poster from thebozwood3/11/2002
2091TL, I am not sure I agree that you have a clean exit path when rates ratchet upjjs_ynot3/11/2002
2090The 5,7,and 10-year loans have always looked good to me. Also, it isn't trueTradelite3/11/2002
2089TL, Many who take the 1 year ARM option are subjected to large margins above thjjs_ynot3/11/2002
2088Thanks, Dave. Did you ever see anyone suffer from that interest rate risk that Tradelite3/11/2002
2087>>> As I mentioned before, if fixed rates hit 8 percent, there will bejjs_ynot3/11/2002
2086Bozwood....what this thread needs is a knowledgeable poster from the banking or Tradelite3/11/2002
2085No, I don't mind if you disagree. After all, that's what makes a market bozwood3/11/2002
2084"...Higher prices, less demand..." The demand stays the same the affoDavid Jones3/9/2002
2083Skeeter, you said you've noticed that "the APR on adjustables is higherTradelite3/8/2002
2082bob's a shark. not b/c he was wrong. rather, his cover ups are CLINTONESQUSkeeter Bug3/8/2002
2081>>----for them an adjustable loan was a godsend<< when the risk runSkeeter Bug3/8/2002
2080Re: risk of adjustable rates. Actually, it appears to me that given the acceleraTradelite3/8/2002
2079<<But they are not bad products and will be the programs of choice if mortpatron_anejo_por_favor3/8/2002
2078In 1972, no one had ever heard of an adjustable rate loan. No one is hearing Tradelite3/8/2002
2077<<When the fixed mortgage rate is 8 percent and the spread between that rapatron_anejo_por_favor3/8/2002
2076If you say so. <gg> Hasn't been that long, though, since a lot of buyTradelite3/8/2002
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