we`ve back to mortgages with 100% financing and refinancing at 95%

Mr.Clumpus | Feb 5, 2013 11:39 AM ET Just recently Diana was gloom and doom about housing. Now we`re in a bubble. LOL

j_m_h | Feb 5, 2013 11:40 AM ET One of the signs of a new bubble is that we`ve back to mortgages with 100% financing and refinancing at 95%. Good to know that lenders like NASA Federal Savings is on board with the idea of prudent mortgage lending policies.

JohnnyOxygen | Feb 5, 2013 11:59 AM ET "Housing Market Already Shows Signs of a New Bubble" >>>>>>>>>>>Wait a minute! I thought this was the best time to buy a home EVER! Diane "The Shill" Olick going to be crushed.

Bulletman357 | Feb 5, 2013 12:02 PM ET Housing is a con game,only this time it will not be a real

curt4881 | Feb 5, 2013 12:05 PM ET There is nothing `real` supporting housing prices. Housing prices should track income inflation and it has far outpaced that for decades. The demographics do not support prices; as mentioned by others, the old are downsizing their empty nests and there aren`t enough people in the younger generation to take up the supply and this is magnified by high unemployment, high college loan debt, and a general trend with the generation to prefer smaller, urban dwellings over suburban sprawl. Then add in the ballooning of property tax which has made property ownership less attractive. Then you have all the empty, foreclosed houses that haven`t even hit the market yet. Without the Fed and investors pumping money in you would see a proper correction. Here on Long Island I see no reason why the prices shouldn`t be 25%-

Bulletman357 | Feb 5, 2013 12:11 PM ET Rent be happy Home suckership is for the stupid,after taxes,maint,upkeep ect,and after the the first five years of tax deductions its a waste of money. You can`t justify the money down pip ect Been there done that f that,,,

NewDay12 | Feb 5, 2013 12:18 PM ET These reporters on CNBC are such corporate drones......they cannot think for themselves and have no life....a few days ago the same author was telling us to jump in head first because the market is hot and there won`t be any inventory left....haahahhhahahhahhhahahh

NewDay12 | Feb 5, 2013 12:24 PM ET @curt4881 | Feb 5, 2013 12:05 PM ET I`m 32 and myself and most of good friends have above average jobs....except for one or two who owens the rest of us are renting. Not saying that is not POTENTIAL upside to owning your own home........we just know that 90% of the time at our age it is finanical and career suicide....its a debt coffin. The funny part is most of who rent have actual cash in the bank...are friends that own are always broke and stressed about money....wasting his free time on stupid repairs. Also, we watch our peers / older generations and know that having a family is a scham and fiancial suicide now a days...so that`s even another reason why we don`t NEED to buy.....kids are poor people`s entertainment.

NewDay12 | Feb 5, 2013 12:28 PM ET MBA_grad | Feb 5, 2013 11:07 AM ET +++++++++++++++++ Don`t buy the pipedream they sold you in Business school as to how to be a good drone. Rent, Enjoy yourself and if you are talented and get a big offer for your dream job to relo you don`t want to say no because you can`t sell you house. Also, unless your paying cash you don`t own your home!!!!!!!!!!!!!!!!!!!! Even then you still have taxes to pay.

permarenter | Feb 5, 2013 12:35 PM ET Just wait until rates rise to normal levels.






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Latest Comments

Housing Market May Not Be as Healthy as It Appears - sidfeinberg | Feb 27, 2013 02:04 PM ET WTF does an Economist know? He`s some egghead in an office making 40k a year. Look at the articles the past few days. New home builds are up, pending sales up, ... - by Chicago75

Housing Market Already Shows Signs of a New Bubble - tarandfeathers | Feb 5, 2013 10:56 AM ET Thank you Federal Reserve for making all of this possible with your ultra low interest rates forever! When you are tired of draining the savings of the Americ... - by Bee2552

Foreclosures in your area - Veronica
March 13, 2013
I agree, the consumer is at fault for falling prey to the scams that were out there to refinance their home to continue feeding their need for immediate gratifica... - by PPP8

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Hard-Hit Boise Subdivision Lacks Owner-Occupied Homes - A J
March 4, 201 Listening to this somehow brought to mind what happened to Black families during the suburbanization movement from the 50`s through the 80`s... When the home values dropped ou... - by Boise



we`ve back to mortgages with 100% financing and refinancing at 95%

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