The coming financial crisis

[ice grillin you]

i just finished a re fi last nite...no fees no pts @ 4.775

the rates are really low right now but theres always a catch....in this case watch out for ltv and credit score as they are huge drivers on rates

hurry up and then be prepared to probably wait...most lenders were caught off guard by the sudden drop in rates and have fired a large amount its support staff....thus the new staff is overwhelmed...get your rate quote fast and get your application in quick.....even if you dont lock get your application in quick....and find a good lender as good lenders will allow you to lock and lower your rate if the market moves like it did yesterday....also dont have the lowest rates anymore banks do....try and go with a bank that dont have the negative exposure to the mortgage market

imo its crazy not to re fi as fast as you can if not sooner

[BigEd76]

Any chance it hits 4.0% or will it shoot back up all of a sudden?

[reese125]

thats the chance you take. rates change every day

there was a day about a month and a half ago it went down to 4.75 and shot right back up to 5.2 the next day. I couldnt even get through on the phones--can only imagine how it would be a 4.0% but that chance is highly unlikely imo

[ice grillin you]

Any chance it hits 4.0% or will it shoot back up all of a sudden?

i would say no...not because i know but because i just cant fathom it going down to four...but really wny take the chance...what is the difference btwn 4.5 and 4 on a 300k loan...1000 bucks a year?...is that worth the risk of waiting when rates are already super low?

[PoopyfaceMcGee]

Any chance it hits 4.0% or will it shoot back up all of a sudden?

i would say no...not because i know but because i just cant fathom it going down to four...but really wny take the chance...what is the difference btwn 4.5 and 4 on a 300k loan...1000 bucks a year?...is that worth the risk of waiting when rates are already super low?

Not bad, guy.  $1053.72, give or take a few cents.

[ice grillin you]

hey guy
lemme get an allabash lambic chief

[PoopyfaceMcGee]

Don't drink and post.

[ATV]

Why AIG was too big to fail and who is truly to blame...


http://www.youtube.com/watch?v=h_EXt086A0w

[PoopyfaceMcGee]

grumpy economist with bad combover speaks the unfortunate truth about Geithner's new plan

[ATV]

^

http://polipundit.com/wp-comments-popup.php?p=20721&c=1#comments

LOL.

And 1.

Competency presiding. Bank it.

[rjs246]

Bad news on Obama's budget plan.

I enjoy Time articles because they are concise, generally impartial and well written. Unlike 90% of the political writing out there.

[PoopyfaceMcGee]

Counter-point on big deficits from a moderate-left Economist

[ice grillin you]

keep linking unreadable articles by people who have absolutely no idea whatsoever what is going to happen next year much less in 2019...its exciting stuff

[rjs246]

As long as you promise to keep whining about it.

[mpmcgraw]

so umm the dow went up a shteinload