Why don’t you make it a rental and let someone else pay for your first house?
I'm definitely going to do that if it doesn't sell soon!
Why don’t you make it a rental and let someone else pay for your first house?
No.do you think a bubble burst is likely in the next year?
No.
There will be another burst when the lenders really open the floodgates and let anyone with a mcdonalds paystub buy in.
We’re looking at a 3-5 year window at this point-essentially once the big ‘hit’ comes in the form of a massively ballooning mortage payment for tens of thousands of subprime mortgages is when we’ll see the multitude of defaults and a subsequent crash.
Of course, the lenders and bank dipshits will say ‘we cant let this happen again!’ And tighten things up for a few years......and then it will happen again. Wash, rinse, repeat.
My mortgage is 3.375%. That was the best rate available when we built in early 2016. I'd hate to try building now.
funny you rag on someone saying info wars is crap .. yet you have never "visited". I HAVE visited and info wars is crap and given credence by people who wear tin hats.Thanks for sharing your opinion, so eloquently I might add. I don't know about info wars, as I have never visited. I'm like you, I know everything already. Member tt335cicobra clearly is well read. He as also anxious to share he thoughts. His brain synapses fire faster then he types sometimes, but his efforts to conversation are refreshing. Considering most younger just spout off robotic talking points, they hear on MSM.
right. sure you do. you call anyone who disagrees with the shit you post failures and haters. yep that is the mark of someone that would "like to see you have a great free life" I have a great free life and I think your tin hat is a) couple of sized two small and b) leakingShort bit, for the haters:
You fail. Try harder, I’d like to see you have a great free life. Honestly.
THIS +65,000Why the **** does it take you so many words to say nothing of substance? Your entire post can be summed up as, "if you don't agree with me, you're just uninformed". That's it. Nine ****ing words is all you needed.
By the way, all your garbage sources -like infowars - don't actually make you more informed. They pollute your mind with useless information and empower you to come up with these assinine conspiracy theories you've plastered all over this site. Pretty sure everybody here knows Soros, and his minions are sewing destruction. We didn't need you, infowars, or any other trash, click-bait news site to tell us.
like what you have added is "value added". you spew so much conspiracy theory crap that no one can take anything you say serious.Yes. You haven’t contributed anything about the fed. You critic, no value added though.Change name to garden snake
China is not going to roll, ever. IF they change is is going to be a long slow drive to the other side.Signals in the Dow today show investors still see great growth.
Fed is probably more than justified in their rate increases. When China rolls over, American gdp will be in position to grow at 7-8% for a few quarters and over 5-6% for at least 1-2 years. It’s better to be ahead of that game, with meaningful rates in place, even if that means only realizing three quarters of that gdp growth.
This seems appropriate to place here considering the topic.
If I'm not mistaken, this is a big part of what led us to the bubble burst in 2008/2009. Given the interest rate increases and the current slide on the markets, it would appear we may be headed there again.
Apparently, we learned nothing the last time.
Thousands line up for zero-down-payment, subprime mortgages
in my experience taking a consolidation loan is never a good idea and is usually done by people who have over extended themselves.My interest rates are locked, but the consolidation loans im in the works towards getting are getting less and less impressive.
IF you can afford the payment should your renter stop paying rent OR you are unable to find a renter, you should do it. hopefully the market where you are will support a rent a little above your payment. if it does sock anything over the payment into a savings account to use for repairs on the house and to clean it up between renters. Also invest in hiring a rental manager. it normally costs somewhere between 6 and 10% of the rent and worth every dime. ask me how I knowI'm definitely going to do that if it doesn't sell soon!
funny you rag on someone saying info wars is crap .. yet you have never "visited". I HAVE visited and info wars is crap and given credence by people who wear tin hats.
funny you rag on someone saying info wars is crap ..
Always quick to show your ass! What sentence did I type that would indicate I was ragging on someone. They would have to be a very thin skinned Bitch lick yourself!
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I can't stand his ****ing voice. Makes my skin crawl. I get the same effect listening to a used car salesman.
LOL you can't even quote properly and broke about 5 SVT rules in the process. you fail so hard it's pretty pathetic
LOL you can't even quote properly and broke about 5 SVT rules in the process. you fail so hard it's pretty pathetic
Ron has been spewing this crap for 40 years. It is like the rapture. Everyone is still here.FWIW Ron Paul's opinion:
Ron Paul warns economy under Trump is 'not sound’
"But the economy on the surface is good, but it’s not sound, it’s not lasting, it’s based on debt and the payment will come due soon.”
Paul cited rising interest rates and what he described as a housing bubble as negative factors for the economy.
“I have a feeling we might not make it to the end of the year before you see the markets sending a much stronger signal,” the former congressman said.
He said this will eventually lead up to a “big bust,” saying it’s not a matter of if there will be a massive correction but rather a matter of when.
"Right now we are at the tail end of one of the biggest, massive monetary inflation in history of mankind,” said Paul, a critic of the Federal Reserve who has called for a return to the gold standard.