tag:blogger.com,1999:blog-15223784.post7879244592738130310..comments2023-10-08T06:24:07.089-07:00Comments on Seattle Bubble: Seattle's PMI Risk Index Continues ClimbThe Timhttp://www.blogger.com/profile/14832570891451659976noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-15223784.post-40623488646684977932007-01-29T19:37:00.000-08:002007-01-29T19:37:00.000-08:00Great, that makes me feel so much better about con...Great, that makes me feel so much better about considering this home.<br /><br />http://tinyurl.com/3x3utf<br /><br />$389k, $450+/sq feet, fairly distant from downtown with no water view either...but hey, it'll never go down...right? (sarcasm)Puget Sounderhttps://www.blogger.com/profile/00869332354829053297noreply@blogger.comtag:blogger.com,1999:blog-15223784.post-63433635640421227662007-01-29T13:53:00.000-08:002007-01-29T13:53:00.000-08:00Had this little public service announcement come t...Had this little public service announcement come through my office today. I think it pertains to the topic of risk. I like how he uses the term "perverted" when discussing using ARMS etc...<br /><br />“Offering people long-term credit secured by a mortgage on a single family home has been one of the tools that helped fuel the American dream of home ownership,” opined Patrick McGilvray, J.D., President of http://www.TheHomeBuyingCenter.com. He continued, “In recent years though, this tool has become perverted and only a very few will ultimately profit. In years past people could not buy a home until they showed that they had the discipline, or luck, to be able to provide a 20% deposit on the home they wanted. I believe that 100% financing arrangements and the proliferation of ARMs will ultimately hurt the American consumer and our economy as a whole.”The Klondikehttps://www.blogger.com/profile/07641020238476061731noreply@blogger.com