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  • Residential Real Estate: Erosion Ahead [View article]
    Ummm why buy now when you can get 4.5% in a few months through Fed/Treasury manipulation. Why be solvent when the government is now asking the insolvent Fannie Mae and Freddie Mac to gut their margins and lend to people who are or liable to be insolvent soon. Will the Us ever learn?

    Why buy at 4.5% when the fed may lower to .5% or 0% bringing down loan rates to 3-4%. In fact, due to their inappropriate actions why buy at all in 2009. Then image how bad the graph is going to look. And you can blame it all at the doorstep of a Fed and Treasury that never studied their economics and don't know anything about a free market economy. I suggest they watch Commanding Heights rather than spout inane policy every day.
    Dec 04 02:21 am |Rating: 0 0
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