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To: Iwo Jima
>>>>Do we really want to go back to requiring sterling credit and 20% down on all mortgages?

If you like sound financial markets and an economy that doesn’t swirl down the commode, the answer to that one is affirmative.

73 posted on 08/27/2007 8:41:43 AM PDT by .cnI redruM (James Hansen; Scott Thomas Beauchamp with a PhD)
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To: .cnI redruM

Take 50% of potential buyers out of the market and push the average age of first home purchase to 52?

Yeah...that’ll help.

/sarc


74 posted on 08/27/2007 8:43:27 AM PDT by RockinRight (Fred Thompson once set fire to a crowd of liberals simply by puffing his cigar and staring real hard)
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To: .cnI redruM

Looks like we are going back to 20% down but its a bit late for that now.


181 posted on 10/10/2008 8:05:57 AM PDT by Rightly Biased (Courage is not the lack of fear it is acting in spite of it<><)
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