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Another aspect of the mortgage crisis. by Peace_man2008-07-29 09:47:29
  The thing that worries me here is the long term by SaylorA 2008-07-29 10:26:53
effects. If this trend continues, lending institutions are going to be far more cautious about lending to anyone for a LONG time. This will make it even harder for anyone to purchase a home than it was even before the idea of sub-prime mortgages came along.

I am not currently a home owner, but I'm starting to worry about the difficulties I will be facing when I do decide to buy my own home due to this sort of behavior from other people.
[ Reply ]
    Prices will adjust downwards... by McNutcase2008-07-29 10:29:29
      Regular Joe's will find it painful for a while too by merlin2008-07-29 10:31:31
        Wife and I will likely loose our shirt by joecrouse2008-07-29 11:46:38
    Look at Canadian lenders. by Illiad2008-07-29 10:33:09

 

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