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Now in 993 land ...
Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,891
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This is very unhealthy IMHO. The feds need to up the rate pronto.
I would much rather pay more interest on a lower principal than the other way around. People are buying over market now, thinking they still get a good deal while they can. Plus, the whole "OMG, soandso made 15% in the last year on their home, we need to get in" is starting again too.
G
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97 993
81 SC (sold)
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