"0" zero is a little to much lol but you never know.
Think it will stay. Just need time now for everything to slowly bring us back from distruction that we all caused in some shape or form. Time/Patience/Confidence. Hell our whole country needs a restructuring you ask me.
Market is very qwazy now. You can make alot or lose. I am wiegning towards the lot.
How do you see this unfolding? Rates will drop to 4.5 for new buyers; banks require 20% down. Unemployment is going up. How do we get the mortgage market to stabalize. I believe we can use Fannie Mae but I don't see the solution. Maybe Obama will have the answers in the stimulus package. I believe people will have to save to buy a car or house now which will be a struggle considering they are losing their jobs and homes. A Paradigm Shift is about to happen. No more credit as we are use to (No money down); which I believe is good. When you give someone something for nothing they will not appreciate it. I understand the demand for Fannie Mae but I don't see clearly. Charts are good but this seems to be an emotional season. May be I will have a better understanding with your vision. Thanks in Advance. Im looking for a move around mid month. Just feeling that the rate cut to 4.5 will come with more good news.
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