1.

Q at $1 Million to My Name
June 4th, 2007 at 10:17 am

But with no more subprime mortgages, my NFI investment will shrivel up and die. LOL, it’s already down 85%, what’s another 15%?!?!???

It’s funny that I invest in something that I am so opposed to – wake up America, these mortgages are horrible for your health!

2.

Tom Allen
June 5th, 2007 at 6:37 pm

There does seem to be a tendency among many people to try to get a mortgages at any cost. This article points out that there are many additional costs and problems attached to a subprime mortgage. Basically, it could be boiled down to one single question, if you have less than what’s preferable, why would you want to pay more than what’s preferable?

3.

Mutuo
May 29th, 2009 at 12:32 am

There does seem to be a tendency among many people to try to get a mortgages at any cost

4.

Jonathan@Friends&Money
June 29th, 2009 at 3:29 pm

interest rates continue to be crazy for mortgage related products and personally my advice would be to rent until the market settles down again and lenders feel confident about putting their hands in their pockets to fund the mortgage market.

5.

Josh@Grand Rapids Mortgage
July 2nd, 2009 at 9:15 pm

I’m with Jonathan on this one – with housing prices set to drop again this year, unless you have found a home you love and want to live in, hold off on buying for now.

6.

custom web applications
July 17th, 2009 at 8:44 am

Its really hard when you really want a house and you can’t get the type of financing you really need. Unfortunately there are people in this work who will take whatever they can get to get what they want today. They don’t think about the future and they don’t really care until its too late. I have a buddy that did this with his last car loan – wanted the car and took his first financing offer at an absolute ridiculous interest rate!

7.

Jim
September 12th, 2009 at 5:07 pm

Saw the whole thing coming, got laughed at for years leading up to this whenever I mentioned it. Didn’t lose a dime during this recession so far, have actually made about 30% per year (averaged) over the past two years.

What this crisis has taught me is to guard what I have and exploit those around me as best I can. I spent years being prudent and patient while morons around me made the biggest mistakes of their lives (thus far). All the while, these wise young men and women scoffed at my logic, at my warnings. Their home foreclosures have been the sweetest I told you so’s…

Now I will pay more of my earned money to them for their failings. Now, I will have to work quickly to build assets before the impending interest rate hikes occur in the desperate attempt to control inflation. These attempts will fail, just as all attempts to stabilize housing prices failed. Contrary to popular opinion, now is not a bad time to accrue debt, because when the inflation ball drops that debt will shrink without lifting a finger.

Guarding the sheep from the wolves was a losing battle. I’m joining the wolves.

8.

Jocuri
November 26th, 2010 at 6:35 pm

Its really hard when you really want a house and you can’t get the type of financing you really need. Unfortunately there are people in this work who will take whatever they can get to get what they want today. They don’t think about the future and they don’t really care until its too late. I have a buddy that did this with his last car loan – wanted the car and took his first financing offer at an absolute ridiculous interest rate! jocuri de gatit

9.

Jocuri
December 4th, 2010 at 4:54 pm

This days, having a loan in some of the banks is just plain, death condamnation. You are better off loaning some money from friends if you have any.

10.

Jocuri
December 20th, 2010 at 6:54 am

Oh, and I forgot to add. Those mortgages keep increasing their interest rates like crazy!

11.

الجياش
December 20th, 2010 at 2:47 pm

Great information and very strong Thank you

12.

ديكور
December 20th, 2010 at 2:49 pm

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13.

ملتقى صبايا العرب
March 30th, 2011 at 6:27 pm

Its really hard when you really want a house and you can’t get the type of financing you really need. Unfortunately there are people in this work who will take whatever they can get to get what they want today. They don’t think about the future and they don’t really care until its too late. I have a buddy that did this with his last car loan – wanted the car and took his first financing offer at an absolute ridiculous interest rate!صبايا

14.

virtual server
May 2nd, 2011 at 1:24 pm

its too bad the banks lent out money to those they knew couldn’t afford it.

15.

dashboards
May 10th, 2011 at 5:26 am

Always better keep your debt rates low.

16.

zara
May 14th, 2011 at 3:07 am

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17.

virtual server
June 24th, 2011 at 2:47 pm

I worked at a law firm and this happened all the time there were actually realtors we would refuse to work with because of the mess they caused by doing things like this.

18.

Property Marbella
June 27th, 2011 at 3:49 am

There does seem to be a tendency among many people to try to get a mortgages at any cost. This article points out that there are many additional costs and problems attached to a subprime mortgage. Basically, it could be boiled down to one single question, if you have less than what’s preferable, why would you want to pay more than what’s preferable? Property Marbella

19.

Business Dashboards
July 21st, 2011 at 2:54 am

The article came out successful in pointing out the danger hiding in mortgage loans. Weather for business or other personal needs getting into huge debts is not preferable at all.

20.

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21.

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August 22nd, 2011 at 12:19 pm

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22.

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December 9th, 2011 at 8:15 pm

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23.

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25.

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January 28th, 2012 at 7:58 am

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26.

Property Marbella
February 6th, 2012 at 6:27 am

Maybe they should spend a few months fixing their credit before making the largest purchases of their lives at a trashy interest rate.

27.

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February 16th, 2012 at 8:20 am

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28.

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March 4th, 2012 at 12:57 am

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29.

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April 4th, 2012 at 6:34 pm

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30.

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April 19th, 2012 at 2:51 am

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