Home › Forums › Financial Markets/Economics › Low Mortgage Interest Rates For Everyone!!!: U.S. May Back Refinance Plan for Mortgages
- This topic has 609 replies, 30 voices, and was last updated 12 years, 5 months ago by moneymaker.
-
AuthorPosts
-
August 25, 2011 at 7:00 AM #19071August 25, 2011 at 7:23 AM #724078ArrayaParticipant
Quite the timely move being that banks have been nose diving over the past few weeks. Buffet just “Invested” 5 billion in BAC because it did not need to be recapitalized.
August 25, 2011 at 7:23 AM #724168ArrayaParticipantQuite the timely move being that banks have been nose diving over the past few weeks. Buffet just “Invested” 5 billion in BAC because it did not need to be recapitalized.
August 25, 2011 at 7:23 AM #724759ArrayaParticipantQuite the timely move being that banks have been nose diving over the past few weeks. Buffet just “Invested” 5 billion in BAC because it did not need to be recapitalized.
August 25, 2011 at 7:23 AM #724915ArrayaParticipantQuite the timely move being that banks have been nose diving over the past few weeks. Buffet just “Invested” 5 billion in BAC because it did not need to be recapitalized.
August 25, 2011 at 7:23 AM #725280ArrayaParticipantQuite the timely move being that banks have been nose diving over the past few weeks. Buffet just “Invested” 5 billion in BAC because it did not need to be recapitalized.
August 25, 2011 at 7:23 AM #724083moneymakerParticipantHad an idea yesterdayish. The government should allow people to withdraw from their 401k without penalty (not without taxes however) as long as it is used to pay down a mortgage. That way people that are under water can qualify for a refi. I know somebody that would like to refi but the bank says he would have to bring money to the table. Money he obviously doesn’t have, like many people. Another twist on the old axiom that you need money to make money.
August 25, 2011 at 7:23 AM #724173moneymakerParticipantHad an idea yesterdayish. The government should allow people to withdraw from their 401k without penalty (not without taxes however) as long as it is used to pay down a mortgage. That way people that are under water can qualify for a refi. I know somebody that would like to refi but the bank says he would have to bring money to the table. Money he obviously doesn’t have, like many people. Another twist on the old axiom that you need money to make money.
August 25, 2011 at 7:23 AM #724763moneymakerParticipantHad an idea yesterdayish. The government should allow people to withdraw from their 401k without penalty (not without taxes however) as long as it is used to pay down a mortgage. That way people that are under water can qualify for a refi. I know somebody that would like to refi but the bank says he would have to bring money to the table. Money he obviously doesn’t have, like many people. Another twist on the old axiom that you need money to make money.
August 25, 2011 at 7:23 AM #724920moneymakerParticipantHad an idea yesterdayish. The government should allow people to withdraw from their 401k without penalty (not without taxes however) as long as it is used to pay down a mortgage. That way people that are under water can qualify for a refi. I know somebody that would like to refi but the bank says he would have to bring money to the table. Money he obviously doesn’t have, like many people. Another twist on the old axiom that you need money to make money.
August 25, 2011 at 7:23 AM #725285moneymakerParticipantHad an idea yesterdayish. The government should allow people to withdraw from their 401k without penalty (not without taxes however) as long as it is used to pay down a mortgage. That way people that are under water can qualify for a refi. I know somebody that would like to refi but the bank says he would have to bring money to the table. Money he obviously doesn’t have, like many people. Another twist on the old axiom that you need money to make money.
August 25, 2011 at 7:51 AM #724088sdrealtorParticipantIronically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.
sdr for US Finance Czar!!
August 25, 2011 at 7:51 AM #724178sdrealtorParticipantIronically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.
sdr for US Finance Czar!!
August 25, 2011 at 7:51 AM #724768sdrealtorParticipantIronically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.
sdr for US Finance Czar!!
August 25, 2011 at 7:51 AM #724925sdrealtorParticipantIronically about 2 years ago I proposed that the answer to the economic woes of our country would be for the gubment to refinance everyone into 4% mortgages as it would unlease a huge amounty of consumer spending onto economy. Frankly I am surprised this hasnt come up sooner.
sdr for US Finance Czar!!
-
AuthorPosts
- You must be logged in to reply to this topic.