Mr Mortgage - 'The Quickening'

[RobJohnsonJr]

Good job buddy. Keep up the good work.

RJ

[alyssalovesturtles]

my dad said i cant use electronic tools besides my toothbrush):

lol(:

[saveurhomenow]

Don't Get Foreclosed On Modify Your Loan go to homesaver(DOT)tk

[bikersrule07]

im (was) looking at buying a home,but im going to wait this out and see what happens.

buying a home now wont be as easy as it was before but there be cheaper

[wannabuyhouse]

I have seen houses on foreclosure lists for like $20,000.00 Are these real or they are just scams? I just cannot believe anything now a days. Are those "crazy" prices for normal ppl to buy? Thanks.

[TrEo2322]

yes there real.

[wannabuyhouse]

Hi, you r good. Thanks

[maximumvalues]

where are you? we need an update

[gannelliott99]

Yeah! The line at the of the tunnel is a train...recession ahead.

[chadandbarby]

I'm about to jump out of my window.

...of my one story.

[ITILII]

im about to jump out the basement window, but my mortgage has my house under water

[chadandbarby]

you have to remember that not everyone has the stupid loans. That was mostly CA, AZ, and NV. people more concerned with bling..pridictably egocentric people from the West coast.. with big mouths are scaring the pants off people in relatively healthy markets.

[bruce3681]

Are you using new math concepts to decipher the market data or what? I don't believe what we are experiencing can be defined as "relatively healthy markets." Also your opinion on egocentric people from the West Coast is telling. If you don't believe that the CA economy isn't large enough to send ripples throughout the World then you need to reevaluate your knowledge. Good luck to you.

[hoojoa]

Luv your videos. I live in GA and will be buying a home for the first time sometime next year. Thanks for providing us with great info.

[javawhz]

Very good information!

[RingsofMediocrity]

Anyone thinking to buy a home now: YOU ARE A FOOL! Wait, wait, wait. Until 2013.

[stinkypoon]

A lot of people are still fooled by the "industry experts" (aka realtors, used house salesmen) who tell them this is a unique and perfect time to buy, and there are so many "deals" out there. Well, that's a bunch of crap. You can't double the price of something, reduce it by 30%, and call that a deal. People that are buying are idiots.

[TheBSharpsUK]

It amazes me that here in the UK they talk about everything being back to normal by 2010. Gordon Brown even talked about keeping the housing market moving forward?? So the primeminster thinks that an unsustainable house price boom is a good thing? Great video!

[vladimir4055]

thank you 5 star

[PotSmokinFoo]

Mr Mortgage is a Rock Star.

This late night bong rip is for you, bro.

[justjacqueline2004]

Here in ga -ga land UK,house prices,although allegedly dropping,are horrendously expensive.Up in the North West of England,houses have been listed for over a year with NO price reductions-yet the banks promise there is "no problem".These same banks locally are lending for the purchase of property at highly inflated prices-those in the inner ring know what they are doing-yet real cash buyers are excluded-go figure!.

[corporatewarrior]

We have a long way to go in the UK, that's for sure. My father bought his place in the NW ten years ago, 10% down, 3:1 LTI, is getting close to paying it off now. By 2004/5 it had tripled in "value". A few months ago the one next door went for 260% of what he paid, that was after some declines. That was all credit bubble, not value as a place to live. Building sites and merchants are shutting down too. I have been looking for a 50% nominal correction for 18 months. Here it comes!

[aceyorba]

Not to mention all the people that are so close to losing it all...I see it in our local new listings in No. Orange county , CA just in the last few days the numbers are climbing... Thanks for your insite MM

[renegaderealtor]

MI companies are only going to insure up to 90% now? I swear this is just out of control. They are already saying that FHA is the only way to go right now but if conventional drops to 90% that will be the really real truth of it.

Congress picked a GREAT time to kill Down Payment Assistance and bump the required down payment to 3.5%

I wonder if we're going to see it go to "No Loan For You" without 20% down before this is all over?

God help us all in the real estate industry if that happens.

[stinkypoon]

If they mandated 20% down, this market will never again reach its bubble peak price levels. Even as it is, we won't hit that in many areas until 2020.

[stinkypoon]

Do you think there's any likelihood that the rush of inventory will start before next March? I find it hard to believe they can sit on this pile of inventory for so long. In the end, they usually don't really rehab them anyway.

[magnoid]

great stuff as always man :D

I want to own my own home, and am going in for my 1-on-1 session with a NACA counselor soon. Maybe I should wait until next summer season to make a move

[j25ack]

good work!

[nanii76]

Thank you sir! Take these stars and like it! =)

[JP5466]

Thank you again sir!

[mrzack888]

it'll be the darkest before dawn breaks...

[airborne373]

Thanks MR. Mortgage.

[nitsu19]

Thank you for speaking the truth. It's the complete opposite of what I hear from people in the office.

[roller1290]

Thanks for your hard work, you are keeping me from making the mistake of buying right now. I will choose to wait. Excellent research and info!!!

[merekee]

First in and feeling good. Thanks again for your work, here are your stars.