Quote:
|
Originally Posted by tony404
wait all those people who did those variable rate mortgages and interest only loans. Who only thought of the payment not the future. I think we will see the greatest foreclosure rate in this country once the rates go up.
|
There you go buddy, right on the fucking nose.
When them foreclosures hit, I'm gonna be Snidely Whiplash like a mo'fo'.
Interest only loans only work if you're in the kind of business that your income increases by default like PORN.
Banks will be BEGGING for new home buyers and I'll bet you'll be able to get a home for no money the fuck down like nothin'.