A short P.S. to previous Post.
Just off the phone with some banking execs who are also Clients. We get the straight "skinny" from them.
We are told that the banks, ALL banks will have a more difficult time making loans, especially homeowner loans after Jan. 1st. Why one might ask. It's Dodd-Frank ,..again. Now then, one might say that's good as only the well qualified will get a loan. Agreed. Issue though is what this will do to the economy. Obviously not good.
Simple solution is after Nov., 2014 we ask congress to repeal at least some of Dodd-Frank. Bottom line is that banking per se' needs to be allowed somewhat to open its' doors again.