You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #14: Not for re-fi's eh? ... Rats!!! n/t [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
MazeRat7 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-13-08 07:52 PM
Response to Reply #13
14. Not for re-fi's eh? ... Rats!!! n/t
Printer Friendly | Permalink |  | Top
 
  -CNN "Money Team" : Mortgage rates could fall BELOW 4% SoCalDem  Dec-13-08 01:05 PM   #0 
  - It will be a repeat of the housing bubble from the last few years.  theoldman   Dec-13-08 01:14 PM   #1 
  - Those with cash always do better when times are bad.  BeatleBoot   Dec-13-08 01:22 PM   #2 
  - It can drop to zero....  AnneD   Dec-13-08 01:27 PM   #3 
  - I don't see the residential housing market as attracting "investors", rich or otherwise,  gristy   Dec-13-08 01:27 PM   #4 
  - Foreclosed homes, bought on the cheap make pretty good investments  SoCalDem   Dec-13-08 01:32 PM   #5 
     - OK. I guess this would be a good thing, too. Helps put a floor on the market.  gristy   Dec-13-08 02:07 PM   #7 
     - With so many losing their jobs it makes the "fear factor" kind of outweigh  KoKo01   Dec-13-08 11:02 PM   #24 
  - So could I essentially swap houses with my next door neighbor?  GoesTo11   Dec-13-08 02:04 PM   #6 
  - except for the fact that even with lowered rates, MANY people could still not "afford"  SoCalDem   Dec-13-08 02:12 PM   #8 
  - OTOH, it will make it easier for people facing foreclosure to sell their homes.  Kristi1696   Dec-13-08 02:21 PM   #9 
  - My FHA adjustable just went down 1%...  3waygeek   Dec-13-08 03:25 PM   #10 
  - shh....some of us don't want to hear stuff like that!  earthlover   Dec-13-08 07:25 PM   #11 
  - Refinancing is a "new loan", typically with a different lender... why wouldn't any of us qualify ?  MazeRat7   Dec-13-08 07:41 PM   #12 
  - I think this is geared towards regular buyers, not investors.  genevat   Dec-13-08 07:47 PM   #13 
  - Not for re-fi's eh? ... Rats!!! n/t  MazeRat7   Dec-13-08 07:52 PM   #14 
     - Nope. Sorry. That's what my mortgage broker said. I just re-fi-ed at 5.6%  genevat   Dec-13-08 07:58 PM   #15 
        - Well I'm at 5.7 so I shouldn't bitch, but I would have liked a much lower rate... n/t  MazeRat7   Dec-13-08 08:03 PM   #16 
           - I came down from 6.3, and I could have gotten lower than 5.6...  genevat   Dec-13-08 08:07 PM   #17 
              - Every bit helps...  MazeRat7   Dec-13-08 08:16 PM   #18 
              - Hey thanks.  genevat   Dec-13-08 10:07 PM   #19 
              - I wish I could refinance... I'm at 6.25 and we have excellent credit...  Writer   Dec-13-08 10:31 PM   #21 
                 - Doesn't hurt to ask! nt  genevat   Dec-13-08 10:42 PM   #23 
  - Who will qualify for those mortgages? Not just the rich  notesdev   Dec-13-08 10:27 PM   #20 
  - Totally Wrong. It Will Totally Stimulate The Home Buying Market For Regular Home Buyers.  OPERATIONMINDCRIME   Dec-13-08 10:40 PM   #22 
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC