What could possibly go wrong?

As home values recover, home equity lending resumes.

5 Comments

Filed under Uncategorized

5 responses to “What could possibly go wrong?

  1. anon

    The Fed is painting themselves into a corner. It’s like Santa is coming to town lending out money at almost 0%. If they ever stop buying mortgages in the open market and interest rates go back up, the music will stop. Nobody will be able to afford to pay $1mm+ for a crappy fixer upper anymore and the rug will be pulled out from under the market… But Krugman approves…

  2. Demmerkrat Patriot

    How about a “Financial IQ” test before providing more loans?

  3. Anonymous

    Dont worry! That $1mm fixer upper on Ole creek FEMA zone will be worth about $40k next year