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Reply to "got quoted for 4.625 percent 30 year fixed loan today (high conforming LTV of 85)"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I saw a headline today: “The housing market is in the early stages of a substantial downshift; Home sales may drop 25% by the end of Summer, according to this analyst” It feels like 2007 all over with housing and stocks. Buckle up folks.[/quote] And this area will still see home prices rise. You just won’t be seeing anymore old shacks for nearly 2 million anymore. Quite frankly, we need a correction like this. [/quote] This is what people said last time and we bought our house in 2010 at a 30%ish discount. But keep kidding yourself.[/quote]
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