http://adam.haberlach.org/2008/05/27/happy-renters/ I've got Rants in my Pants! Wed, 07 Jan 2009 13:10:15 +0000 http://wordpress.org/?v=2.5 http://adam.haberlach.org/2008/05/27/happy-renters/#comment-51 Linda Sun, 01 Jun 2008 16:50:14 +0000 http://adam.haberlach.org/?p=16#comment-51 It was really 10% down and pay obnoxious mortgage insurance rates b/c of all the defaults others have made, or put down 20% and deplete ourselves of most of our cushion. But, he's not the one who built the models, so I'll cut him some slack. Those 80/10/10 loans people used to do around here all the time are no longer offered by the banks, even when you have great credit history. Thanks to all the speculators and idiots out there who totally overextended themselves and then defaulted! It was really 10% down and pay obnoxious mortgage insurance rates b/c of all the defaults others have made, or put down 20% and deplete ourselves of most of our cushion. But, he’s not the one who built the models, so I’ll cut him some slack. Those 80/10/10 loans people used to do around here all the time are no longer offered by the banks, even when you have great credit history. Thanks to all the speculators and idiots out there who totally overextended themselves and then defaulted!

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