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Reply #58: I'm glad I locked in a fixed rate mortgage [View All]

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AllegroRondo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-16-05 04:25 PM
Response to Reply #18
58. I'm glad I locked in a fixed rate mortgage
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  -"There are signs of a real estate downturn everywhere." - CBS SpiralHawk  Dec-15-05 06:25 PM   #0 
  - "It's over" -- quote from a mortgage house VP  villager   Dec-15-05 06:27 PM   #1 
  - I live in the hottest, trendiest neighborhood in my city  Lorien   Dec-15-05 08:42 PM   #43 
  - If you come across some info, please share I am curious if there  stop the bleeding   Dec-15-05 06:35 PM   #2 
  - You might like this article  HockeyMom   Dec-15-05 07:14 PM   #19 
  - It's been crazy in Naples. A neighbor sold her 2000 sq ft home  SW FL Dem   Dec-16-05 04:10 PM   #56 
  - Problem is that supply problems can be corrected easily.  Zynx   Dec-15-05 07:55 PM   #37 
  - I noticed the signs last June.  Warpy   Dec-15-05 06:35 PM   #3 
  - We've been looking at NM homes and over 20% are on the market  havocmom   Dec-15-05 08:56 PM   #48 
  - One indication I've noticed is  Prisoner_Number_Six   Dec-15-05 06:37 PM   #4 
  - On the market for a year?  ultraist   Dec-15-05 06:52 PM   #11 
  - I'm lucky in that regard  Warpy   Dec-15-05 07:02 PM   #13 
     - If it's convenient it may well get gentrified over time  ultraist   Dec-15-05 07:26 PM   #26 
  - Oh bummer.  Big Kahuna   Dec-15-05 06:38 PM   #5 
  - you can do it without becoming a millionaire......  Gato Moteado   Dec-15-05 06:50 PM   #10 
  - Key indicator: Rent To Own, Bad credit okay.  politicat   Dec-15-05 06:40 PM   #6 
  - Not only that..  sendero   Dec-15-05 07:06 PM   #15 
     - You hit the heart of it, sendero  slackmaster   Dec-15-05 07:17 PM   #20 
  - Also begging for a link if ya find one. Just searched CBS news myself but  gulfcoastliberal   Dec-15-05 06:40 PM   #7 
  - I love your pictures here  madaboutharry   Dec-15-05 06:47 PM   #8 
  - Thanks, wish I could take credit but I nabbed it from another DUer.  gulfcoastliberal   Dec-15-05 08:10 PM   #41 
  - The link is up there now on CBS, but not working  SpiralHawk   Dec-15-05 07:27 PM   #28 
     - Cool, thanks for the heads up.  gulfcoastliberal   Dec-15-05 08:09 PM   #40 
  - The market is slowing down  ultraist   Dec-15-05 06:50 PM   #9 
  - how will a real estate downturn in the states affect real estate....  Gato Moteado   Dec-15-05 06:52 PM   #12 
  - I'm sure the new CBS will be as implicitly supportive of Repub tax-cuts  Tactical Progressive   Dec-15-05 07:03 PM   #14 
  - We'll know it's really over when we see a "For Rent" sign  KamaAina   Dec-15-05 07:06 PM   #16 
  - My mother, who is in SW Florida a "hot spot", wrote the other day that...  JanMichael   Dec-15-05 07:09 PM   #17 
  - I keep hearing brokers and investors say it can't happen here.  SW FL Dem   Dec-16-05 04:14 PM   #57 
  - You ain't seen nothing yet.  Wcross   Dec-15-05 07:14 PM   #18 
  - You Hit The Nail Right On The Head  Yavin4   Dec-15-05 07:19 PM   #22 
  - Okay guys, advice needed...  BeTheChange   Dec-15-05 07:34 PM   #30 
  - It depends on your local market  ultraist   Dec-15-05 07:42 PM   #34 
  - i would buy now and pay less interest  LSK   Dec-15-05 07:45 PM   #35 
  - I would go with less interest  madaboutharry   Dec-15-05 08:00 PM   #39 
  - On the other hand, I would pay more in interest if  CAcyclist   Dec-16-05 04:55 PM   #60 
  - northern suburbs of Atlanta  ProdigalJunkMail   Dec-16-05 06:20 AM   #50 
  - Wages have been flat for years.  Wcross   Dec-15-05 07:42 PM   #33 
  - I'm glad I locked in a fixed rate mortgage  AllegroRondo   Dec-16-05 04:25 PM   #58 
  - Not here in NYC  malachibk   Dec-15-05 07:17 PM   #21 
  - I read there's been a slight downturn in NYC  ultraist   Dec-15-05 07:24 PM   #24 
  - NYC has always  madaboutharry   Dec-15-05 07:27 PM   #27 
  - The prices in NYC are staggering  ultraist   Dec-15-05 07:35 PM   #31 
  - Yeah, but NYC does go through huge corrections from time to time.  Zynx   Dec-15-05 07:53 PM   #36 
  - buy low.....when freepers start foreclosing......  Gato Moteado   Dec-15-05 07:21 PM   #23 
  - Sorry, but Dems will get hit hard too if market crashes.  PatriotGames   Dec-15-05 08:44 PM   #44 
     - yes, that's true....and i do feel bad for people that will be effected....  Gato Moteado   Dec-15-05 08:49 PM   #46 
  - The mortgage rates inch up, the home sales slow down.  Lex   Dec-15-05 07:25 PM   #25 
  - Part of the problem is that prices have advanced so much that they have  Zynx   Dec-15-05 07:57 PM   #38 
     - Low mortgage rates cause inflated home prices  Lex   Dec-15-05 08:39 PM   #42 
        - "money is easy and cheap to borrow"  ultraist   Dec-15-05 08:51 PM   #47 
  - A house down the stree has been discounted $100k and still sits unsold.  Xithras   Dec-15-05 07:31 PM   #29 
  - here is a link from my local paper today  chimpsrsmarter   Dec-15-05 07:37 PM   #32 
  - The CBS News Link -  SpiralHawk   Dec-15-05 08:46 PM   #45 
  - Morning in America - Reagan  SpiralHawk   Dec-16-05 06:13 AM   #49 
  - nthrn 'burbs of Atl quash that least the 'everywhere'  ProdigalJunkMail   Dec-16-05 06:22 AM   #51 
  - Prices spike the most right before they turn down  Zynx   Dec-16-05 03:08 PM   #53 
  - prices in some areas have just started their uptick  ProdigalJunkMail   Dec-16-05 03:41 PM   #54 
     - Not all at once, but a large number will pull off near simultaneous  Zynx   Dec-16-05 04:55 PM   #59 
  - I know people who sell in that market  kenny blankenship   Dec-16-05 03:49 PM   #55 
  - My mother called to tell me that for the first time in DECADES  merbex   Dec-16-05 06:23 AM   #52 

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