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Slava · 12-17-2009, 02:29 PM

I can't say that I have absolutely no concern at all. I just think that the recent rush to buy is because of the lower interest rates and that is a very different situation than a pure credit bubble or "NINJA" loans (No Income No Job) where there is no hope for repayment.

Eventually rates will rise....we are at the pure low, so you don't have to be a genius to see that! But will they hit the rates we saw in the early 80's? I doubt it.

12-17-2009, 02:29 PM	#717
Slava Franchise Player Join Date: Dec 2006 Location: Calgary, Alberta Exp:	I can't say that I have absolutely no concern at all. I just think that the recent rush to buy is because of the lower interest rates and that is a very different situation than a pure credit bubble or "NINJA" loans (No Income No Job) where there is no hope for repayment. Eventually rates will rise....we are at the pure low, so you don't have to be a genius to see that! But will they hit the rates we saw in the early 80's? I doubt it.