To: central_va
In a deflationary spiral the last thing you want to have is a mortgage.
10 posted on
01/15/2015 7:04:57 PM PST by
Alberta's Child
("It doesn't work for me. I gotta have more cowbell!")
To: Alberta's Child
In a deflationary spiral the last thing you want to have is a mortgage.So housing will crash too. I will be able to by a one time million dollar mansion for 100K?
13 posted on
01/15/2015 7:08:31 PM PST by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Alberta's Child
14 posted on
01/15/2015 7:09:43 PM PST by
billys kid
(My beloved is mine and I am thine...)
To: Alberta's Child
Follow up question. In that situation where *should* folks be putting their cash?
21 posted on
01/15/2015 7:18:12 PM PST by
o2bfree
(Note to GOP Establishment Liberals: No more continuing budget resolutions!!!)
To: Alberta's Child
In a deflationary spiral the last thing you want to have is a mortgage. That's a tough call. I certainly agree in the short term. However, IMO, if you can lock down a $200,000 loan for 30 years at < 4%, that's (historically) really hard to pass up even if you're losing money for a few years.
43 posted on
01/15/2015 9:01:30 PM PST by
Darth Reardon
(Is it any wonder I'm not the president?)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson