26 () posted 1 year ago by Zap_Powerz 1 year ago by Zap_Powerz +27 / -1 11 comments share 11 comments share save hide report block hide replies
If you ever want a market to implode, give everyone enough money for a down payment but not enough to complete the purchase.
What did you do with your stimmy?
Meanwhile, my damn CREDIT UNION is offering "100% mortgage financing" ($0 down) for the first time in its history. That was what it decided to trumpet on the front page of its quarterly newsletter.
That's really confidence-inspiring...
Pop away! I'm ready to buy!
The simple truth is housing can't survive higher rates, not after 14 years of almost 0%. Some bubbles are going to pop.