http://www.outsidethebeltway.com/archives/crisis_in_home_mortgage_market/ Online Journal of Politics and Foreign Affairs Thu, 26 Nov 2009 05:37:08 -0600 http://wordpress.org/?v=2.8.5 hourly 1 http://www.outsidethebeltway.com/archives/crisis_in_home_mortgage_market/comment-page-1/#comment-115927 Stormy Dragon Sun, 11 Mar 2007 19:38:42 +0000 http://www.outsidethebeltway.com/archives/2007/03/crisis_in_home_mortgage_market/#comment-115927 On the other hand, people of thinking of buying a home in about a year will probably get a much better deal on it. On the other hand, people of thinking of buying a home in about a year will probably get a much better deal on it.

]]> http://www.outsidethebeltway.com/archives/crisis_in_home_mortgage_market/comment-page-1/#comment-115917 M. Murcek Sun, 11 Mar 2007 17:58:31 +0000 http://www.outsidethebeltway.com/archives/2007/03/crisis_in_home_mortgage_market/#comment-115917 Subprime lenders are not making loans for the purchase of newly-built McMansions, which make up a significant portion of the new building boom. Near where my parents live, there are plenty of older houses in a really nice neighborhood that have had For Sale signs out front for months. These existing units are the ones that are going to suffer from asking price erosion as the boom ends, and again, these are not the sort of homes the subprime lenders are financing the purchase of. Subprime lenders are not making loans for the purchase of newly-built McMansions, which make up a significant portion of the new building boom. Near where my parents live, there are plenty of older houses in a really nice neighborhood that have had For Sale signs out front for months. These existing units are the ones that are going to suffer from asking price erosion as the boom ends, and again, these are not the sort of homes the subprime lenders are financing the purchase of.

]]> http://www.outsidethebeltway.com/archives/crisis_in_home_mortgage_market/comment-page-1/#comment-122958 » OTB News Wed, 31 Dec 1969 18:00:00 +0000 http://www.outsidethebeltway.com/archives/2007/03/crisis_in_home_mortgage_market/#comment-122958 <!--%kramer-pre%--> April 2006 March 2006 February 2006 [IMG Outside The Beltway | OTB] Why Lotteries Are Rational Hillary Clinton Invisible Americans Speech (Video) Twice as Many Americans Conservative as Liberal Crisis in Home Mortgage Market? Character Trumps Policy for Voters OTB Caption JamTM Google Goes into the Bus Business Blogging the Scooter Libby Trial Facebook for Geezers Iraqi Government Colluding with Death Squads? [IMG OTB Sports]<!--%kramer-post%--> April 2006 March 2006 February 2006 [IMG Outside The Beltway | OTB] Why Lotteries Are Rational Hillary Clinton Invisible Americans Speech (Video) Twice as Many Americans Conservative as Liberal Crisis in Home Mortgage Market? Character Trumps Policy for Voters OTB Caption JamTM Google Goes into the Bus Business Blogging the Scooter Libby Trial Facebook for Geezers Iraqi Government Colluding with Death Squads? [IMG OTB Sports]

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