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For Many US Home Hopefuls, ‘Affordable’ Remains A Distant Prospect
It says a lot, none of it especially encouraging, about the resale market for US homes when a 1.5% m
Just wait until FNM and FRE are privatized. Would any profit-oriented private entity make 30 year, fixed rate, freely pre-payable loans at 150bp spread?
Ha. Good question.
Damn right.
“Trying to keep apprised of those sparse reports is about like trying to keep up with what day it is when you’re retired: Possible, and in some sense imperative, but easy enough to forget all the same.”
I found that when you are retired, much like the old Morrissey song suggests: “Everyday is Like Sunday.”