To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2 posted on
10/22/2009 10:28:02 AM PDT by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
To: TigerLikesRooster
3 posted on
10/22/2009 10:40:06 AM PDT by
Jeff Chandler
(Hear us, O Bama: Mmm, mmm, mmm.)
To: TigerLikesRooster
Not to Worry! ! ! !
ZERO knows where they print money. That was the first place he found on January 22.
He will take care of the problem.. Remember Too Big To Fail? Well most of the commercial banks are too big to fail, so Mr. Zero will just pump more of our money to them until they cry Uncle.
Wait, what am I saying?. . . . wow its true I was just trying to be funny, but I realized I am speaking the truth. . . . .
4 posted on
10/22/2009 10:50:49 AM PDT by
DeaconRed
(F.U.B.O.)
To: TigerLikesRooster
It's worth noting that there is a huge difference between commercial and residential mortgages. Commercial mortgages carry an inherent level of risk because it's much easier for the borrower to just pack up and default without leaving any value behind for the lender. In other words, residential real estate will always have some degree of value because people will always need a place to live. But they won't always need as many places to shop, do business, etc. in down times.
This is why you can get a 30-year fixed rate for a residential mortgage, but very few (if any) banks will extend a commercial loan for a term of more than five years.
5 posted on
10/22/2009 11:01:41 AM PDT by
Alberta's Child
(God is great, beer is good . . . and people are crazy.)
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