Could Rates Drop to 0%?

Tuesday, October 12, 2010

Could Rates Drop to 0%?

Click on the title to link. The short answer is, "No way." The ramifications of such a reality would be severe and detrimental to our economy. Cars do offer 0% financing, but that is comparing apples and oranges. This article does a decent job of explaining it. Check it out and give us your feedback and/or questions.

No comments:

Post a Comment

How To Best Uitilize This Blog

What We Do?

We are a residential lender who is tired of seeing people get hosed, mislead or not lead at all by other lenders and brokers. This, unfortunately, is pervasive in our industry. So we are here to educate you with as much info as possible on mortgage, credit, financial and economic issues that will directly affect you or people you know.

We are a sounding board. If you have a situation that you need council, opinions or education on then we are here to walk you through it. So instead of blindly trusting just anyone, let us tell you (bluntly and honestly) whether it is legit or not. We'll take the guess work out.

How We Do?

Drop us an email and we will get back with you. Or you can always call us. Give us as much detail as possible so we can give you the best advice possible.

What You Do?

Spread the word. We don't care how you do it, but get the word out to people before they find themselves in a situation they regret. Let them know that we are here to offer honest, professional and trustworthy advice for those thinking about starting, who have started, or do not know whether to start the process of buying or refinancing a home.