Quote:
Originally Posted by Cowboy89
Bring on 10% down and 25 years!
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Alright, joking aside and back to the numbers.
This would be VERY interesting. Going from 35 years to 25 is basically what, another 15% drop in prices - everything else being equal? But I would suggest that downpayments from 5% to 10% would massacre sales numbers. Well, maybe not massacre but it would cut them pretty severely . . . unless of course banks continue to the 0% down - 5% cash back business.
EDIT:
Quote:
Originally Posted by Cowboy89
Turns out that too many people are idiots and incapable of making financial decisions
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Oh, and totally agree! :P