[Toddsterpatriot]

Which means virtually every mortgage loan written since 2004 will be nearly impossible to refinance. Unless home buyers are willing to pay higher rates.

You mean mortgages written when interest rates were at 40 year lows if refinanced will be at higher rates? Duh!

Quick, panic!!!!

[pierstroll]

I believe he is referring only to 100% loans on houses which have gone down in value. That is certainly not "virtually" every loan.

I don't know x-Tex's agenda, but in the short time I have been here I wonder why he exaggerates so much. There is enough misery around without resorting to hyperbole.

Ex-your comment about your health does not bring a tear to my eye. If I tell you I had quintuple bypasses in 2002, can we be on equal footing for the sympathy vote?