Quote:
Originally Posted by shadow2k
Come on now...if someone offered to loan me thousands of dollars at 2-3%, I'd take it regardless of whether I needed it or not.
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LOL, agreed - that's what many people did during the housing boom and happy years of easy credit. Why put 20% down on a home when you can use OPM (other people's money), and then flip the house a year down the road for $100K? My blood still curdles hearing of stories of no-down, $150K payoffs. Then again, I hear the other side of the market: buying a $1.5M home on an option only loan only to find out it's worth 3/4 that within two years...
I expected interest rates to at least come up, esp. with auto loans. If anything, rates have gone DOWN recently. The market is an infinitely unknowable thing, eh?
Quote:
Originally Posted by Jeffblue
paid 0 down. I haven't made any payments yet, and they STILL haven't found me!
crap gotta run!
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