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Home Sales On the Rise
Message
From
24/03/2008 10:44:52
 
 
To
24/03/2008 10:27:56
General information
Forum:
Finances
Category:
Mortgages
Miscellaneous
Thread ID:
01304885
Message ID:
01304898
Views:
11
>http://www.breitbart.com/article.php?id=D8VJRJKO0&show_article=1
>
>Interesting, do you think the recent mortgage problems (and the huge drop of the average priced home) suggest people are finally limiting themselves to purchasing homes they can actually afford?

I didn't read the article.

But I do want to point out that it is now widely accepted that a huge number of those "mortgages" were written up by unscrupulous sales people who falsified assets in order to get the mortgage through. They got their sales commission and that's all they were worried about.
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