Comments on: Kill The 30yr Mortgage? https://4closurefraud.org/2013/04/10/kill-the-30yr-mortgage/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 08 Dec 2025 14:19:30 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: Apple https://4closurefraud.org/2013/04/10/kill-the-30yr-mortgage/#comment-409785 Thu, 11 Apr 2013 11:17:50 +0000 https://4closurefraud.org/?p=58797#comment-409785 In reply to neidermeyer.

But the price of housing isn’t. Buy low sell high. Housing is a function of interest rates. You want to buy when interest rates are at record highs, not at record lows.

]]> By: Kathleen Burt https://4closurefraud.org/2013/04/10/kill-the-30yr-mortgage/#comment-409784 Thu, 11 Apr 2013 10:45:04 +0000 https://4closurefraud.org/?p=58797#comment-409784 Senator Durbin (IL) was absolutely right in his speech from the Senate floor, the banks own Congress. It’s that simple. There are a few Senators, like Elizabeth Warren and Jeff Merkely we can count on to help, but they’re outnumbered.

]]> By: neidermeyer https://4closurefraud.org/2013/04/10/kill-the-30yr-mortgage/#comment-409783 Thu, 11 Apr 2013 10:23:30 +0000 https://4closurefraud.org/?p=58797#comment-409783 In reply to Sarah.

MACRO? Zimbabwe is coming … I have a $100,trillion note from there in my study ,, printing money doesn’t bring wealth it brings destruction ,, I can’t stop it but I can position myself ,, you can bet that I’m looking for a house with land or farmland that can be bought with owner financing… quite literally 2 eggs in 2008 Zimbabwe were about $75million … I’d be real happy to pay that note early on 20 acres just by selling off a liter of rum or a used bicycle.

The lesson is that you don’t need economic activity to have HUGE inflation ,, you don’t even need people able to pay the price ,, you just need the same money printing we currently have.

]]> By: Sarah https://4closurefraud.org/2013/04/10/kill-the-30yr-mortgage/#comment-409748 Thu, 11 Apr 2013 00:50:13 +0000 https://4closurefraud.org/?p=58797#comment-409748 I’m not sure what is wrong with libertarians other than there absolute relentless ability to lie.
You hear the same idiocy on Zerohedge from people who don’t know what work is, don’t know how to work, spend considerable time blaming poor people and holding some peculiar fantasy about Weimar Germany. Inflation as a concern, at this point is pure Koch Brothers/Santelli propaganda, they want Government printing money for *banks* to hold over everyone’s head as debt. The wretched 1% do not know how to profit unless they brutalize people. School’s open still, how about a course in macro, Neidermeyer?

]]> By: neidermeyer https://4closurefraud.org/2013/04/10/kill-the-30yr-mortgage/#comment-409729 Wed, 10 Apr 2013 20:52:05 +0000 https://4closurefraud.org/?p=58797#comment-409729 The 30 year mortgage is an absolute steal at any current rate ,,, inflation is coming downhill at us AND FAST … Right now the government is the only game because portfolio lenders can’t afford the risk of putting out $250k on a loan to you for 30 years when they know that with all the money printing it’s a certainty that in just 3 or 4 years (at most) your payoff of $244k will be about the same price as a coffee …

]]> By: Sarah https://4closurefraud.org/2013/04/10/kill-the-30yr-mortgage/#comment-409706 Wed, 10 Apr 2013 16:15:56 +0000 https://4closurefraud.org/?p=58797#comment-409706 “the U.S. housing sector is on the road to recovery. ” Sorry, no one’s buying it, but land always has value. No one buys the central premise of this scratch either, there is no “socialist intervention”. there is no “government intervention” there is Wall Street parasitzing the public. That’s it. Done. Fannie and Freddie are the fronts. Just ask Rick Santelli when he began to scream about who should be bailed out. They’ve stolen our homes and they own the “government”, make sure you know your enemy.

]]>