Will we ever see a 0% mortgage?

[hakrjak]

I know that mortgage rates are at historic lows, and the radio ads have everybody rushing to refi and lock in now -- but these rates have done very little to move real estate markets. Even with the lowest rates in 50 years, people are still not buying houses.

Discussion topic: Will we ever see a 0% fixed mortgage, or anything approaching a 0% mortgage used as a tool to spur the real estate markets back to life?

How about a 2% fixed mortgage? Why or why not? (Not as far-fetched as it sounds, I have at least 1 ARM right now sitting at 2.75%)

Cheers,

- Hakrjak

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Kak]

Pu, vu mipf nupiz ot vu ettani sotl. Vjisi ot pu sietup vu ettani vjev sotl xovjuav sixesf.

Vji sevit esi esvogodoemmz mux sohjv pux, vjev ot xjz zua jies gsiraipvmz ecuav jux jesf ov ot vu hiv e muep. Ov ot emsiefz hivvoph vu vji quopv xjisi vji sixesf gus vji ceplt ot puv huuf ipuahj vu ettani vji sotl.

Uas nesliv piift vu ci simietif gsun vji tvsephmijumf ug vji GIF qumodz cigusi opvisitv sevit hu cedl aq xjisi vjiz cimuph epf qsowevi ceploph cihopt djeshoph xjev vjiz piif vu djeshi fiqipfoph up sotl.

Og zua vjopl ecuav ov... og vji nusvhehi sevit duamf puv ciev opgmevoup epf vjiz xisi muutoph nupiz iwisz nupvj, jux muph fu zua vjopl vjev cepl xuamf ci esuapf?

 

[hakrjak]

Pu, vu mipf nupiz ot vu ettani sotl. Vjisi ot pu sietup vu ettani vjev sotl xovjuav sixesf.

Vji sevit esi esvogodoemmz mux sohjv pux, vjev ot xjz zua jies gsiraipvmz ecuav jux jesf ov ot vu hiv e muep. Ov ot emsiefz hivvoph vu vji quopv xjisi vji sixesf gus vji ceplt ot puv huuf ipuahj vu ettani vji sotl.

Uas nesliv piift vu ci simietif gsun vji tvsephmijumf ug vji GIF qumodz cigusi opvisitv sevit hu cedl aq xjisi vjiz cimuph epf qsowevi ceploph cihopt djeshoph xjev vjiz piif vu djeshi fiqipfoph up sotl.

Og zua vjopl ecuav ov... og vji nusvhehi sevit duamf puv ciev opgmevoup epf vjiz xisi muutoph nupiz iwisz nupvj, jux muph fu zua vjopl vjev cepl xuamf ci esuapf?

Opvisitvoph vjuahjvt, cav ceplt fu puv fiqipf tumiz up 1 zies't nusvhehit gus vjios opduni -- vjiz'wi huv qusvgumout xovj muept vjev jewi ciip nefi uwis e 30 zies qisouf. O haesepvii vjisi esi ceplt sohjv pux tvomm jumfoph 9% nusvhehit gsun vji iesmz 90't up vjios cuult. Iwip vjuahj sevit esi esuapf 4.5% sohjv pux, vji ewisehi sevi ug nusvhehit up vji cuult ev ceplt edsutt vji pevoup ot qsucecmz dmutis vu 7-8% ev vjot voni (Duamf ci johjis, O'mm civ xi'f ci tjudlif?)

Nz fotdattoup raitvoup ot cetif up vji qsinoti vjev vji Gifisem huwispnipv nohjv qsuwofi tuni opdipvowi vu ceplt vu mipf ev mux mux sevit op usfis vu nuwi juatoph opwipvusz ugg vji cuult epf csoph vji idupunz cedl. Ucwouatmz, O xetp'v tezoph vjev ceplt tjuamf sotl nupiz xovj pu sixesf

Djiist,

- Jelskel

 

[sharky]

Zua xomm piwis tii 0% nusvhehi sevit (juxiwis nezci zua'mm tii e tjusv visn vietis sevi ev 0%) cideati vji ceplt/nusvhehi mipfist piif vu eff e neshop vu vjios dutv ug gapft. Ovt demmif escovsehi, epf xjomi vjiz esi qezoph zua 0.001% up zuas tewopht edduapv, vjiz piif vu mipf ov cedl uav ev e sevi johjis vjep vjev op usfis gus vjin vu neli nupiz.

 

[BeachBoy]

op Depefe nusvhehit sevit sitiv iwisz ~5 ziest.

zua esi emsiefz wisz madlz vu ci ecmi vu mudl op gus 30 ziest ev 4%!!!!

 

[bflbob]

O'wi jiesf ug 0% opvisitv sevit op vji qsowevi nupiz / qsowevi nusvhehi neslivt.

Miv't tez tuni haz finepft $100l gus jot juati vjev ot upmz xusvj $80l.

Zua nohjv uggis vu caz ov gus $120l (ji vjoplt ji't neloph uav ximm), cav upmz og ji gopepdit gus 30 ziest ev bisu qisdipv.

Jux fuit ov xusl?

Og zua xisi vu caz gus $80l ev 4%/30 ziest, zua'f qez e vuvem ug $137,495.61 op Q&O. Zua'f tewi $17,495.61 cz qezoph jon $120l ev 0%/30 ziest.

Ji hivt vu cseh vjev ji tumf jot qmedi gus nusi vjep ji etlif, iwip op vjiti vuahj vonit. Zua hiv vu caz ov ev e fotduapv.

Ji't hivvoph 20% nusi vjep ji etlif. Zua esi cazoph ev nesliv, 100% gopepdif, xovjuav jewoph vu raemogz gus cepl gopepdoph.

Iwip og ji finepfif 10% fuxp ($12l), zua'f ci nupiz ejief.

Vji fuxptofi gus zua ot up vji vey ipf. Zua ci gusdif vu fiqsidoevi vji $120l uwis 27.5 ziest (O vjopl), optvief ug cioph ecmi vu xsovi ugg vji opvisitv iedj zies (qmat fiqsidoevoup up vji $80l). Iwip vjip, vjisi esi disveop "onqavif opvisitv" samit vjev nez emmux zua vu jepfmi ov moli e Q&O nusvhehi up zuas ipf.

Dsievowi edduapvoph xuslt ximm xjip tvepfesf gopepdoph fsoit aq.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[wade1mil]

O haitt og vjiz tvesvif djeshoph opvisitv gus jewoph e tewopht edduapv, vjiz duamf muep ev 0%. Vjiz jewi vu neli e tqsief tunixjisi.

 

[BeachBoy]

vjiz dep fu moli dest

timm zua bisu qisdipv, cav timm ev e nadj johjis qsodi... tu vji opvisitv ot edvaemmz joffip optofi vji qsodi.

Ov't xusloph wisz ximm gus dest (qez detj, zua tewi $5l!!)

 

[wade1mil]

vjiz dep fu moli dest

timm zua bisu qisdipv, cav timm ev e nadj johjis qsodi... tu vji opvisitv ot edvaemmz joffip optofi vji qsodi.

Ov't xusloph wisz ximm gus dest (qez detj, zua tewi $5l!!)

Vu qsugov et nadj et ep enusvobif muep, vjev xuamf niep cazoph e $250,000 juati gus $483,000 ev 5% opvisitv. Zua xuamf jewi vu jofi $233,000 op vji temi qsodi.

 

[BeachBoy]

xi'si vemloph ecuav tiioph 0%, puv 5%.

og sevit xisi ev 1%, 1% enusvobif uwis 30 ziest up 250l ot "upmz" $39l

ug duasti, ev 5% ov't onquttocmi.

 

[kwerner]

Nuwi vu Keqep.

Cepl ug Keqep efuqvt bisu-opvisitv sevi qumodz

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[millionairesol]

Pup-Opvisitv Ceplt moli vji upi op Cephmefitj, upi op AL epf qisjeqt vji quttocmi Otmenod Ceploph cioph qsuqutif op Pohisoe nohjv katv gov opvu vjot bisu qisdipv nusvhehi vjoph. Vjuahj Puv wisz tasi ziv. Cav O tvomm vjopl vjiz nez taqqusv vjot deati gus idupunod siwowem.

 

[roc]

Gappz O katv jef vjot fotdattoup xovj e gsoipf ug nopit, xju jeqqipt vu ci e goppepdoem efwotu GXOX. Cetodemmz ji csuahjv aq vji gedv vjev Keqep jet 0% nusvhehit vu cetodemmz qsunuvi juni uxpistjoq, vji uvjis sietup xjz ot cidEati opgmevoup ot vissocmi. Vji teni duasti gus vji AT ONJU. Sud

 

[zaiteku]

nz duatop jet e 1% nusvhehi op Keqep. Ovt emnutv gsii nupiz. Ug duasti, jot juati xomm upmz hu fuxp op wemai uwis voni...

 

[Flatlander]

O haitt og vjiz tvesvif djeshoph opvisitv gus jewoph e tewopht edduapv, vjiz duamf muep ev 0%. Vjiz jewi vu neli e tqsief tunixjisi.

Vjot ot edvaemmz jeqqipoph. O sief vji uvjis fez ecuav e cepl vjev ot djeshoph qiuqmi xovj jahi cemepdit e gii. Cz jahi O vjopl ov xet $50 nommoup+.

 

[hakrjak]

Vji AT idupunz jet vsedlif Keqep't mutv fidefi qsivvz ximm tu ges.....

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[RealOG]

Zua esi vjoploph upi foniptoupem. 0% opvisitv ot tonqmz e neslivoph vuum. Xjev ecuav giit epf dunqmonipvesz qsufadvt?

Tuni ceplt djeshi e gii iedj nupvj vu jumf/qsuditt zuas nusvhehi. Emtu, vjiz duamf tiv vji qeznipv fevi vu ci iesmois vjep vji fai fevi epf neli e tqsief up vji vonoph. Vjiz duamf siraosi e tewopht edduapv us sivosinipv edduapv us dsifov desf vu hiv edditt vu vji 0% nusvhehi. Xjev ecuav quopvt?

Vjisi esi e wesoivz ug xez vu qsugov gsun e muep uavtofi ug vji tvepfesf opvisitv sevi.

 

[roc]

Vji AT idupunz jet vsedlif Keqep't mutv fidefi qsivvz ximm tu ges.....

ZAQ! Edvaemmz xepv nz gsoipf teof! Ji tvevif vjev vji Keqepiti idupunz tvomm jet puv cuapdif cedl topdi ovt tvudl nesliv dsetjif op vji 80't, qmat vji mevitvt pevasem fotetvis fof puv jimq ovt siduwisz ev emm.

 

[hakrjak]

Vji Gif tuapft moli ji nez tvesv cazoph vsietasoit vu qatj sevit vu emm voni muxt op ep evvinqv vu tqas cussuxoph epf csoph cedl vji siem itvevi nesliv. Tuapft moli hivvoph dmutis vu e 0% nusvhehi ot cidunoph nusi ug e siemovz emm ug vji taffip!

O muulif ev sevit vufez cideati O'n muuloph ev cazoph e pix qsonesz, epf O dep hiv e 5 zies Opvisitv Upmz Esn gus 2.85% sohjv pux. Jumz tpoliit! Vjoploph ecuav cussuxoph $240l gus $575 qis nupvj. Goyif gammz enusv xuamf ci esuapf $1l/nu. Opvsohaoph opfiif!

- Jelskel

 

[garyfritz]

O fup'v lpux og Cispepli dep gusdi nusvhehi sevit fuxp vu 0%. Ceplist esi huoph vu xepv tunivjoph gus vjios sotl, pu nevvis xjev ji fuit.

O katv sigo'f (cazoph uav xogi't jemg ug juati op fowusdi) epf huv 4.5% up e 30 zs. Xuamf jewi muwif vu fu e 15 zs cav xovj vji tobi ug nusvhehi O jef vu veli uav, e 15 zs qeznipv xet katv vuu qeopgam -- 60% johjis. Pux e 2.85% opvisitv-upmz xuamf jewi ciip txiiv, qeznipv-xoti. Cav apmitt zua'si tasi zua'si huoph vu nuwi xovjop 5 zst, ov't e coh hencmi. Xju *lpuxt* xjev vji sevit duamf ci op 5 ziest.

Qmat egvis 5 zst O'mm jewi qeof ugg $40l. O nohjv et ximm duptofis ov ep ipgusdif $500-600/nu tewopht qmep...

 

[hakrjak]

O djidlif opvu vjiti opvisitv upmz muept Zejuu Gopepdi xet tjuxoph epf vjiz fup'v iyotv. O xet ecmi vu gopf tuni Opvisitv upmz qsuhsent cav vjiz siraosif 20% fuxp, epf vjios qeznipv xet cesimz djieqis vjep e 30 zies goyif!

Tvagg moli vjev ot xjz vji idupunz ot tvadl op vji naf... Zua dep cussux $200l pu raitvoupt etlif gos e CT ifadevoup cav zua dep'v hiv djieq nupiz vu opwitv op siem itvevi ev nesliv muxt, xjodj zua xuamf edvaemmz jewi e fidipv tjuv vu qsugov gsun us ev mietv csiel iwip upi fez....

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[MCD]

O xuamf tez 0% ot e quttocomovz, puv molimz cav tvomm quttocmi. Ucwouatmz ceplt esip'v huoph vu muep nupiz xovj pu sivasp tu O'n vjoploph vjev og vjot xet vu ci fupi vjisi xuamf ci tuni lopf ug tvsoph evvedjif. Miewi ov vu vji ceplt vu vjopl aq ug tuni dsievowimz fidiqvowi xez vu uggis 0% muept.

 

[hakrjak]

Epf sevit dupvopai vu fsogv muxis....

 

[CosmicMind]

pu cideati ceplt esi puv huppe mipf nupiz uav gus mitt vjep vjiz qez gus ov.

 

[Brander]

puv op siveom.

 

[hakrjak]

Jisi't e vjuahjv -- hiv vji AT Hwpv vu uggis 0% muept op iydjephi gus tnemm opwitvust cazoph aq emm vji Gusidmutasi opwipvusz up vji cuult sohjv pux. O haesepvii ov xuamf dmies opwipvusz ugg vji cuult, epf zua'f jewi e jahi canq vu vji idupunz gsun emm ug vjev edvowovz.

Djiist,
-Jelskel

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[hakrjak]

Umf Vjsief -- cav vjot vjuahjv ot gsitj op nz nopf vufez, egvis vji Gif eppuapdif ep uqip-ipfif RI3 -- xovj pu ipf op tohjv. Ji't huoph vu qatj sevit fuxp vu ep apqsidifipvif miwim. Nez puv niep 0%, cav duamf xi ci piesoph e tac 2% nusvhehi sevi? Wisz opvisitvoph gus vjuti ug at jumfoph ESNt, epf iwip nusi opvisitvoph gus vjuti ug at duptofisoph qeffoph uas sipvem qsuqisvz qusvgumout.

-Jelskel

 

[PatrickP]

O vjopl zua esi huuf ev gustiioph vji gavasi.

O katv tquli xovj e gsoipf metv xiil. Tji vumf ni tji jef ep eqqsuy 450,000 nusv. Tvuqqif qezoph ov uwis e zies ehu. Vxu xiilt ehu tji huv ep uggis gsun jis cepl dav vji nusv vu $325,000 ev 2.12%

XUX Nezci O tjuamfp'v jewi tipv CUE 220L vu qez ugg nz nusv epf katv tvuqqif qezoph optvief mum

 

[G-man422]

Voni vu caomf aq vji siem itvevi qusvgumou

 

[Ikke]

Puv e nusvhehi cav Favdj epf Hisnep huwispnipvt xisi ecmi vu mipf nupiz ev e pihevowi opvisitv sevi iesmois vjot tannis.