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Mortgage applications fall despite low rates as trade war fears grow
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 75867433:MV80MTM1Mjg2Xzc1MTE2OTI3X0M1MTM3RDdG] [quote:Anonymous Coward 76313497:MV80MTM1Mjg2Xzc1MTE2ODgxX0Q3NUQ1QUY3] [quote:Anonymous Coward 76869839:MV80MTM1Mjg2Xzc1MTE2NzM2X0ExOTE1MUEy] [quote:Anonymous Coward 77203654:MV80MTM1Mjg2Xzc1MTAxMzI0X0YxM0FCODFB] I bought a house in 2000 for 112k my ex wife sold it 8 years later for 250k- now that same house is worth $350 k - I don’t know how a young person could afford that now - Any young people listening- rent and be flexible- it’s a new age- [/quote] this^. this bubble will burst and home prices WILL crash again. Why am I so certain? because anything that dramatically climbs crashes back. I was building homes in 07 , property values were skyrocketing and everything felt nuts. I told all my associates and other builders to pull back and stop building 'Spec' homes. (homes that you build and then immediately put up for sale). None of them listened. 3 out of 3 of them had to file bankruptcy in 09. rent for now. wait for the crash in prices. Then you can buy, if you still have a job. This next one will make 08 look like a sunday picnic. There is no federal parachute to save it. This is the 'everything bubble'. [/quote] Haaaa. Nope . Different world Fed soy boy. The Fed ain't in control any more. Gold back ed currency , Dow will plow another 10k in the coming weeks, Fed will drop another .25 next week and another .50 in December. What a fayg you are. I'm gettin rich!! [/quote] This. Housing wil be worth millions and then trillions. Homeless will skyrocket. [/quote]
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Mortgage applications fall despite low rates as trade war fears grow
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