tag:blogger.com,1999:blog-15223784.post114658495074777836..comments2023-10-08T06:24:07.089-07:00Comments on Seattle Bubble: No Family? No Equity? You're Screwed.The Timhttp://www.blogger.com/profile/14832570891451659976noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-15223784.post-1146619762318502972006-05-02T18:29:00.000-07:002006-05-02T18:29:00.000-07:00Uh oh:California Foreclosure Activity UpUh oh:<BR/><BR/><A HREF="http://dqnews.com/RRFor0506.shtm" REL="nofollow">California Foreclosure Activity Up</A>meshugyhttps://www.blogger.com/profile/12332798876700147445noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1146609790313652902006-05-02T15:43:00.000-07:002006-05-02T15:43:00.000-07:00thanks for the #'s dukes....I'll be curious to see...thanks for the #'s dukes....<BR/><BR/>I'll be curious to see what the median price for April is. The MLS #'s come out on Friday. <BR/><BR/>Do you think the median is going down?meshugyhttps://www.blogger.com/profile/12332798876700147445noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1146609335932697992006-05-02T15:35:00.000-07:002006-05-02T15:35:00.000-07:00Thanks for the update Dukes!Thanks for the update Dukes!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1146603160010622372006-05-02T13:52:00.000-07:002006-05-02T13:52:00.000-07:00I bought a house in April of last year. The mortga...I bought a house in April of last year. The mortgage brokers I dealt with didn't try to sell us on anything exotic. We actually were turned away at first because I run my own business. They won't even look at business owners until you've been open for at least two years. So we had to wait, and even then they were pretty conservative about our options. We ended up with a fixed rate, 30 year at 6.125%.<BR/><BR/>I guess that's unusual, because apparently everyone is signing up for negative amortization suicide ARMs. Really scary...meshugyhttps://www.blogger.com/profile/12332798876700147445noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1146598964700477992006-05-02T12:42:00.000-07:002006-05-02T12:42:00.000-07:00S Crow:Thankyou SO much for your contributions to ...S Crow:<BR/><BR/>Thankyou SO much for your contributions to this blog.<BR/><BR/>Please keep it up- often!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1146596927883433782006-05-02T12:08:00.000-07:002006-05-02T12:08:00.000-07:00But as mortgage rates rise – up to 6.61 percent on...<I> But as mortgage rates rise – up to 6.61 percent on a 30-year-fixed-rate mortgage in Washington last week – homeowners are finding adjustable-rate mortgages or interest-only products less and less attractive, he said. </I><BR/><BR/>this is a howler, completely upside down from the way it should be. ARM's are meant to be used in times of inlfated interest rates, because when those rates eventually go down, your monthly's go down, not in REVERSE!!! They're meant to be attractive in high-interest time's because of they're tied to the prime...<BR/><BR/>Bizarro worldAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1146587685910584162006-05-02T09:34:00.000-07:002006-05-02T09:34:00.000-07:00Fed is raising the rate on may 10th. It's going t...Fed is raising the rate on may 10th. It's going to be interesting to see what happens then.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15223784.post-1146586462746160852006-05-02T09:14:00.000-07:002006-05-02T09:14:00.000-07:00I can't help but laugh at how the pundits spin a d...I can't help but laugh at how the pundits spin a declining market as being "bad" for prospective first time buyers. Buyers can't count on the annual 20% price increases...<BR/><BR/>But wouldn't it be better to just buy the house for 20% off in the first place, rather than gambling it will keep rising in value into infinity?Surkanstancehttps://www.blogger.com/profile/04585126606657293898noreply@blogger.com