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Cancelled home orders
Mrs. dleeny Posted: Feb 24, 2006 04:30 PM+
Mrs. dleeny MEMBER SINCE: 3/05 TOTAL POSTS : 12387 WEDDING DATE: Nov 06, 2005
Posted: Feb 24, 2006 04:30 PM bride-minus.png

Cancelled home orders

CNN Money article
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Blu-ize Posted: Feb 24, 2006 05:19 PM+
Blu-ize MEMBER SINCE: 8/04 TOTAL POSTS : 8304 WEDDING DATE: Feb 28, 1998
Posted: Feb 24, 2006 05:19 PM bride-minus.png

Re: Cancelled home orders

Yeah, people are realizing that it's stupid to take a 40 year mortgage and realize that they can't afford what they have arranged.

This is happening to people everywhere even with re-sales..the prices are nuts.
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SomethingBlu Posted: Feb 24, 2006 05:23 PM+
SomethingBlu MEMBER SINCE: 10/04 TOTAL POSTS : 10523 WEDDING DATE: May 27, 2005
Posted: Feb 24, 2006 05:23 PM bride-minus.png

Re: Cancelled home orders

I recently heard about 100 year mortgages!
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Blu-ize Posted: Feb 24, 2006 05:31 PM+
Blu-ize MEMBER SINCE: 8/04 TOTAL POSTS : 8304 WEDDING DATE: Feb 28, 1998
Posted: Feb 24, 2006 05:31 PM bride-minus.png

Re: Cancelled home orders


Posted by SomethingBlu

I recently heard about 100 year mortgages!



Yikes!
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Mrs. dleeny Posted: Feb 24, 2006 06:55 PM+
Mrs. dleeny MEMBER SINCE: 3/05 TOTAL POSTS : 12387 WEDDING DATE: Nov 06, 2005
Posted: Feb 24, 2006 06:55 PM bride-minus.png

Re: Cancelled home orders


Posted by SomethingBlu

I recently heard about 100 year mortgages!

are these lenders smoking crack?
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Meaghan729 Posted: Feb 25, 2006 11:23 AM+
Meaghan729 MEMBER SINCE: 1/06 TOTAL POSTS : 2456 WEDDING DATE: Jul 29, 2007
Posted: Feb 25, 2006 11:23 AM bride-minus.png

Re: Cancelled home orders

anything to get the deal done, I guess! a 100 year mortgage is ridiculous - thats why the Fed is cracking down on the ARMs and stuff......its getting to be crazy.
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