Posted by El Toro on April 11, 2008 at 14:38:35 from (205.188.117.74):
In Reply to: OT - Economics posted by Spook on April 11, 2008 at 13:12:21:
They should never have lowered the interest rates since the realtors will tell a customer with the rates being so low, you can now afford a more enpensive house. They forget to tell them what the real estate taxes, heating & cooling, water and sewer bill is. I had to show copies of my 1040 for 2 years and get a statement from my employer showing how long I had been employed there and if the job was permanent or temporary. This was for am VA loan in 1962. I didn't have to do all that on this home since I paid 1/3 down. Hal
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