Comments on: Federal Housing Support Ends Soon. Then What? http://repdx.com/2010/02/15/federal-housing-support-ends-soon-then-what/ Portland Oregon Real Estate Search Fri, 13 Jan 2012 20:31:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ron Ares http://repdx.com/2010/02/15/federal-housing-support-ends-soon-then-what/comment-page-1/#comment-2783 Ron Ares Tue, 16 Feb 2010 04:16:24 +0000 http://repdx.com/?p=1035#comment-2783 I think rates have the biggest impact, so if they stay low, great. The tax credit is really only benefiting the under-$300K price point--the move-up credit is nominal at best. I'm mostly concerned about employment figures, global economic conditions and how they affect local consumer confidence. I think rates have the biggest impact, so if they stay low, great.

The tax credit is really only benefiting the under-$300K price point–the move-up credit is nominal at best.

I’m mostly concerned about employment figures, global economic conditions and how they affect local consumer confidence.

]]> By: James Adair http://repdx.com/2010/02/15/federal-housing-support-ends-soon-then-what/comment-page-1/#comment-2782 James Adair Tue, 16 Feb 2010 04:04:58 +0000 http://repdx.com/?p=1035#comment-2782 I have a pet conspiracy theory that there has long been no intention of actually discontinuing the federal MBS purchase plan. Bernanke needed to keep saying that this would end as scheduled in order to be re-elected to his post (mission accomplished). So I predict that this will be extended for perhaps the remainder of 2010. Even if I'm wrong about this, I am on record predicting that rates will max out this year at 5.5% . if they exceed this, it will only be for very short periods before returning to 5.5%. BOOK IT! I have a pet conspiracy theory that there has long been no intention of actually discontinuing the federal MBS purchase plan. Bernanke needed to keep saying that this would end as scheduled in order to be re-elected to his post (mission accomplished). So I predict that this will be extended for perhaps the remainder of 2010. Even if I’m wrong about this, I am on record predicting that rates will max out this year at 5.5% . if they exceed this, it will only be for very short periods before returning to 5.5%. BOOK IT!

]]> By: Ginny Cerrella Santa Fe Real Estate » Blog Archive » Reverse … | Mortgage Finance Wisdom http://repdx.com/2010/02/15/federal-housing-support-ends-soon-then-what/comment-page-1/#comment-2780 Ginny Cerrella Santa Fe Real Estate » Blog Archive » Reverse … | Mortgage Finance Wisdom Mon, 15 Feb 2010 19:48:34 +0000 http://repdx.com/?p=1035#comment-2780 [...] Federal Housing Support Ends Soon. Then What? | Portland Oregon … [...] [...] Federal Housing Support Ends Soon. Then What? | Portland Oregon … [...]

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