THE MYTH OF "TOO LOW" INTEREST RATES on HOME MORTG

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JGropp
Special Secret Modern Agent
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Joined: Tue May 27, 2008 1:22 pm
Location: Mercer Island, WA
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THE MYTH OF "TOO LOW" INTEREST RATES on HOME MORTG

Postby JGropp » Tue Oct 28, 2008 9:04 am

Image
We won't get to the bottom of the present Real Estate Crisis until we get rid of
the MYTH OF "TOO LOW" INTEREST RATES on HOME MORTGAGES. Young families
used to be able to get a 4 1/4% FHA mortgage to buy a starter home allowing
them to get on the ladder of home ownership- a worthy societal goal. As time
went on and their family grew, with these truly low rates, their equity built up
so they could step up to larger loan for the larger home they by then needed.
If this fair system had continued, we wouldn't have today's foreclosure mess.
Jerry
Last edited by JGropp on Tue Oct 28, 2008 2:11 pm, edited 1 time in total.

Jerry Gropp Architect AIA PS

7620 SE 72nd St., Mercer Isl. WA
98040 (206)612-7367
eMail
JGropp2@AOL.com
WebSite:
http://jgropp2.googlepages.com/alterationsanadditions

User avatar
JGropp
Special Secret Modern Agent
Posts: 571
Joined: Tue May 27, 2008 1:22 pm
Location: Mercer Island, WA
Contact:

the Mortgage Crisis-

Postby JGropp » Tue Oct 28, 2008 10:31 am

(Joe- This is so non-political) Here's
a link to the reason why we have a
terrible Mortgage Crisis today. Jerry
(click)

Image
(Joe- I'd like to
make the above
my Avatar- but I
can't seem to get
it to work. Jerry

Jerry Gropp Architect AIA PS


7620 SE 72nd St., Mercer Isl. WA

98040 (206)612-7367

eMail

JGropp2@AOL.com

WebSite:

http://jgropp2.googlepages.com/alterationsanadditions

User avatar
JGropp
Special Secret Modern Agent
Posts: 571
Joined: Tue May 27, 2008 1:22 pm
Location: Mercer Island, WA
Contact:

Mortgage Rates, Stock Market are getting somewhat better.

Postby JGropp » Tue Oct 28, 2008 2:31 pm

This is more like it. Perhaps there's light at the end of the tunnel.
Image
Image
Jerry

Jerry Gropp Architect AIA PS


7620 SE 72nd St., Mercer Isl. WA

98040 (206)612-7367

eMail

JGropp2@AOL.com

WebSite:

http://jgropp2.googlepages.com/alterationsanadditions

User avatar
Udo Min
Modern Master
Posts: 150
Joined: Fri Sep 01, 2006 9:54 am
Location: Mission, Ks
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Postby Udo Min » Sun Nov 02, 2008 6:56 pm

Mr. Jerry-
Try saving your avitar in photoshop & adjusting the pixels to 80 x 80 pixels to be no larger than 6kb...
Then it should work....

User avatar
JGropp
Special Secret Modern Agent
Posts: 571
Joined: Tue May 27, 2008 1:22 pm
Location: Mercer Island, WA
Contact:

Thanks-

Postby JGropp » Sun Nov 02, 2008 7:13 pm

Thanks- I'll ask a friend who
has photoshop to do this for
me. Jerry
:D

Jerry Gropp Architect AIA PS


7620 SE 72nd St., Mercer Isl. WA

98040 (206)612-7367

eMail

JGropp2@AOL.com

WebSite:

http://jgropp2.googlepages.com/alterationsanadditions


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