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Porsche-O-Phile Porsche-O-Phile is offline
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Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
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I dunno. A lot of "loan officers" are probably going to end up out of work in the coming months. I suspect the market is going to drop a lot more than 5-10% too. Rick - you're probably covered since you did 20% down, but you may very well lose that 20%, possibly even a little more if you're unable to re-fi. A lot depends on market, but I wouldn't be at all surprised to see things drop 25%-30% nationwide before this is all over; I suspect certain volatile markets (like this one) to drop significantly more - north of 40%.
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Old 09-10-2007, 05:00 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #20 (permalink)