Comments on: Oh the Mess that Interest-Only Mortgages are Creating http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 20 Nov 2009 19:56:44 -0800 http://wordpress.org/?v=abc hourly 1 By: fivecentnickel.com http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1058 fivecentnickel.com Fri, 13 Jan 2006 15:29:24 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1058 <strong>Weekly Roundup - 01/13/06</strong> Happy Friday the 13th! Here are some of the best posts that I ran across over the past week. Weekly Roundup – 01/13/06

Happy Friday the 13th! Here are some of the best posts that I ran across over the past week.

]]> By: » This Week in Review by Blueprint for Financial Prosperity http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1055 » This Week in Review by Blueprint for Financial Prosperity Fri, 13 Jan 2006 14:40:46 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1055 [...] AllThingsFinancial is getting concerned about interest only mortgages but the part that particular bothers him is how brokers are pushing people to move from one interest only mortgage to another. On the personal front, his wife and him received a Kroger 1-2-3 Rewards card that doesn’t appear to be all that appealing. [...] [...] AllThingsFinancial is getting concerned about interest only mortgages but the part that particular bothers him is how brokers are pushing people to move from one interest only mortgage to another. On the personal front, his wife and him received a Kroger 1-2-3 Rewards card that doesn’t appear to be all that appealing. [...]

]]> By: JLP http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1047 JLP Wed, 11 Jan 2006 23:41:33 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1047 Sam, That's exactly what some people will do. That's why the rich get richer and the poor get poorer. Sam,

That’s exactly what some people will do. That’s why the rich get richer and the poor get poorer.

]]> By: sam http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1046 sam Wed, 11 Jan 2006 23:30:22 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1046 A savvy investor would wait until the bottom fell out of the market, and then pick up distressed properties at a great price. Of course, knowing when the market is bottoming out is the tough part. A savvy investor would wait until the bottom fell out of the market, and then pick up distressed properties at a great price. Of course, knowing when the market is bottoming out is the tough part.

]]> By: Hazzard http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1030 Hazzard Wed, 11 Jan 2006 00:15:37 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1030 I'm really worried that our friends are going to really take a bath on their interest only variable mortgage. I tried so hard to tell them that at 5.75, money was cheap and they should lock it in. Hazzard I’m really worried that our friends are going to really take a bath on their interest only variable mortgage. I tried so hard to tell them that at 5.75, money was cheap and they should lock it in.
Hazzard

]]> By: Adult ADD adn Money ( John MacKenzie) http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1027 Adult ADD adn Money ( John MacKenzie) Tue, 10 Jan 2006 15:02:50 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1027 Frankly I think the biggest beneficiaries of the Interest Only Loans will be the legal profession. Many people will have no choice but to file for bankruptcy, combine that with new bankruptcy laws that require debtors to climb more legal hurdles and it is a win win for lawyers. Frankly I think the biggest beneficiaries of the Interest Only Loans will be the legal profession. Many people will have no choice but to file for bankruptcy, combine that with new bankruptcy laws that require debtors to climb more legal hurdles and it is a win win
for lawyers.

]]> By: savvy saver http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1026 savvy saver Tue, 10 Jan 2006 14:05:18 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1026 I love Ben's blog. It is amazing that the symptoms of a bubble (or at least a problem) that are dismissed by the media and real estate industry as happening in only a few isolated areas are happening all over. I love Ben’s blog. It is amazing that the symptoms of a bubble (or at least a problem) that are dismissed by the media and real estate industry as happening in only a few isolated areas are happening all over.

]]> By: rmark http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1025 rmark Tue, 10 Jan 2006 13:02:01 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1025 http://www.efficientfrontier.com/ef/405/housing.htm http://www.efficientfrontier.com/ef/405/housing.htm

]]> By: Jay http://allfinancialmatters.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/comment-page-1/#comment-1024 Jay Tue, 10 Jan 2006 12:42:56 +0000 http://www.allthingsfinancialblog.com/2006/01/09/oh-the-mess-that-interest-only-mortgages-are-creating/#comment-1024 So true. So true.

]]>