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SVTPerformance's Chain of Restaurants
Road Side Pub
What to do with extra emergency fund.
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<blockquote data-quote="Branhammer" data-source="post: 15134405" data-attributes="member: 164970"><p>Haha as someone who grew up in an area where everyone has either no credit or horrible credit, I can definitely say I would not lend them money. I could probably sell those people smart phones and big stupid rims for there '95 Cutlass Supreme though.</p><p></p><p>Thanks, I'll research that.</p><p></p><p>Unrelated, but another thing I'm curious about is this: what will the FED rate hikes over the next year or so mean for home prices? I worry that if they raise mortgage rates too much, home prices will have to drop in order for anyone to afford to buy a home. Should I be worried about our home being worth less than we paid for it?</p></blockquote><p></p>
[QUOTE="Branhammer, post: 15134405, member: 164970"] Haha as someone who grew up in an area where everyone has either no credit or horrible credit, I can definitely say I would not lend them money. I could probably sell those people smart phones and big stupid rims for there '95 Cutlass Supreme though. Thanks, I'll research that. Unrelated, but another thing I'm curious about is this: what will the FED rate hikes over the next year or so mean for home prices? I worry that if they raise mortgage rates too much, home prices will have to drop in order for anyone to afford to buy a home. Should I be worried about our home being worth less than we paid for it? [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
What to do with extra emergency fund.
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