Another tax rebate check from W.

[Bitter Almonds]

[quote][i]Originally posted by KYYX4ever[/i]
<a href="http://smg.photobucket.com/albums/v431/kyyx4ever/?action=view¤t=878wieo.gif" target="_blank"><img src="http://img.photobucket.com/albums/v431/kyyx4ever/878wieo.gif" border="0" alt="Budget deficit/surplus chart"></a>
[/quote]

<p align="justify">Wouldn't this graph look better if it was plotted on a log scale instead of a linear scale? I mean, inflation and junk tends to skew things a little. Let's have a graph plotting GDP%![}:)]

[coop41]

[quote][i]Originally posted by marvymarv[/i]
<br>[quote][i]Originally posted by coop41[/i]
<br>Coop, what do you think of the talk to raise where a jumbo mortgage starts? Part of the same plan to make it easier to get into home ownership?
[/quote]


Although I'm hoping for this for my own personal benefit as a mortgage professional, and it will help a lot of well qualified people have more affordable payments, it is obviously shifting the risk to the government. They have become more restrictive in their already conservative guidelines so it would minimize the risk. It is really out of whack in my area, our maximum FHA loan limits is in the mid 200's and Conforming $417,000.

[phillyidol]

Was that peak on the graph when Clinton was screwing his intern or lying about it to the world? [;)] Long live politics!




Worlds GREATEST Photographer!

[MARV]

I think this guy got his check already and got a haircut:

<object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/4JMOh-cul6M&rel=1"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/4JMOh-cul6M&rel=1" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object>

[coop41]

[quote][i]Originally posted by marvymarv[/i]
<br>I think this guy got his check already and got a haircut:



[/quote]


No question he's a Loan Officer

[MARV]

[quote][i]Originally posted by coop41[/i]
<br>The Housing industry and Mortgage industry have fueled the economy for some time, even being credited for keeping us out of recession earlier this decade. Consumers demanded less money down and less documentation and the credit markets foolishly agreed.....In my opinion, the current market conditions are a product of consumer greed (Hey- let's buy an investment property ...or let's take out all of our equity and buy those jet skis we always wanted!) and corporate greed (mortgage companies, REALTORS and Wall Street).[/quote]

Here Coop, I think you'll enjoy <a href="http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true&pli=1">[i]this slideshow[/i]</a>.

[glokstadt]

CNN's unscientific poll states most folks will either "bank" their rebate or pay off bills/debt. Either way the banks win!

http://money.cnn.com/2008/03/24/news/ec ... /index.htm



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