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President Bush is going to introduces measures to help homeo

 
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6996



Joined: 04 Feb 2005
Posts: 4

PostPosted: Fri Feb 04, 2005 7:59 pm    Post subject: President Bush is going to introduces measures to help homeo Reply with quote

How will this affect the housing market? Do you think it will make a immediate impact? Please realtors,investors, & professionals in this field respond only.
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notyou311



Joined: 10 Feb 2005
Posts: 5

PostPosted: Thu Feb 10, 2005 12:33 pm    Post subject: President Bush is going to introduces measures to help homeo Reply with quote

He will never do anything to protect the average working person. All he cares about is big business. Do not trust anything he says.
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Ken2692



Joined: 16 Feb 2005
Posts: 3

PostPosted: Wed Feb 16, 2005 5:06 am    Post subject: President Bush is going to introduces measures to help homeo Reply with quote

It is my opinion, as I have stated here before, that this is intended to shore up the stock market more than the housing market. The stock market has invested heavily in hedge funds (reincarnated junk bonds) in the past 2 years and is very concerned about the impact of the subprime mortgage crisis. There is no crisis in the prime mortgage market in most areas of the country. The problem is with subprime mortgages taken out in the past 2-3 years. Do I think it will have an immediate impact? Psychological impact, which is significant in any market.
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gromit801



Joined: 21 Feb 2005
Posts: 2

PostPosted: Mon Feb 21, 2005 9:40 pm    Post subject: President Bush is going to introduces measures to help homeo Reply with quote

Where did you hear that tripe?Not going to happen.
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julvrug



Joined: 27 Feb 2005
Posts: 2

PostPosted: Sun Feb 27, 2005 2:13 pm    Post subject: President Bush is going to introduces measures to help homeo Reply with quote

If it is reality it will assist those that are having difficulty paying their house payments. this will have little to no effect on the housing market, the only effect possibile would be less older homes on the market due to less foreclosures.
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pearlmel



Joined: 05 Mar 2005
Posts: 4

PostPosted: Sat Mar 05, 2005 6:47 am    Post subject: President Bush is going to introduces measures to help homeo Reply with quote

yes he did come out and say something but it was lip service!what he said is that he is asking fha and subprome lenders to loosen guidelines so borrowers facing foreclosure can get refinancing! first of all if you are facing foreclosure your credit is shot! Its bull to shore up wallstreet! the operative words where ASK and GOOD CREDITthe borrowers will get no real help!
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jackie



Joined: 10 Mar 2005
Posts: 5

PostPosted: Thu Mar 10, 2005 11:21 pm    Post subject: President Bush is going to introduces measures to help homeo Reply with quote

The people losing their homes is the last thing Bush is concerned about. We have 6 to 13 sheriff sales in our newspaper a week. If greedy banks and mortgage companies weren't allow to deceive people into buying into these outrageous adjustable mortgages this wouldn't happen. It's corporations first with this government
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