Leveraging yourself out at a time when (home) prices are very high certainly could set you up for difficult times.
More Quotes from Keith Gumbinger:
With rates as low as they are people can cut years off the mortgage for the same monthly payment.Keith Gumbinger
There are a variety of methods by which bridge loans are made.
Keith Gumbinger
What is new today is that lenders are allowing for the layering of risks on top of one another, ... What we don't know is what if we put all these risks together and put them in a rising interest rate environment, a declining housing market, or a weakening economy.
Keith Gumbinger
Does that mean (consumers will) stop borrowing because it costs them another 5 a month Probably not. It may influence decisions. I don't think it halts decisions.
Keith Gumbinger
If you've refinanced in the last 18 months or two years, this movie's a rerun. Rates aren't at compellingly low levels.
Keith Gumbinger
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Based on Topics: Time QuotesStevie didn't use the technology to drive the song. He used it to enhance. I use the tools to further my work, I don't use my work to further the tools.
Brian McKnight
The greatest thing a human soul ever does in this world... to see clearly is poetry, prophecy and religion all in one.
John Ruskin
I asked my daughter when she was 16, What's the buzz on the street with the kids? She's going, to be honest, Dad, most of my friends aren't into Kiss. But they've all been told that it's the greatest show on Earth.
Ace Frehley