Markets and mortgages

Note: the mortgage lender I spoke with is not necessarily the largest single recipient of federal bailout money, just one of the largest. Also check me out on
http://www.facebook.com/PeterSchiff and http://twitter.com/PeterSchiff

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[tuktukktotam]

you can go and buy almost any business for what it makes in a year why would anyone in the right sate of mind would go to stock market to pay 10 , 20 , 30 , 150

times that ? Because that is exactly what you do when you buy stocks .

[McRocket]

Thanks again Peter.

[makeiteasyable]

masakit sa bulsa ang mortgage, kahit papano kailangan mo bayaran un everymonth ..

[sonic2batt]

Even with Fixed Rate Mortgages, you have to be concerned with property taxes increasing every year which essentially raises your mortgage payments if you have an escrow account (which most mortgage paying homeowners do).

[Chieflandite]

Peter Schiff is without a doubt one of the smartest men in America and is helping his fellow Americans with all his knowledge. Thank you Mr. Peter Schiff.

[viehe69]

That's is exactly what is dumbfounding. He states obvious truth, but mainstream economists, the government and most Americans JUST DON'T GET IT!!

[hardmod777]

Peter....I love most of your mantras....I'm a Mortgage Branch Manager. I have not originated an A.R.M in 2 years. * With FHA you have to show that you have the 3.5% to put down up front..You don't get the Gov rebate until 6 weeks after you close.....Very few originators are still originating ARS, especially FHA ARMS.

[1776uspatriot]

Seeing the same here in Maryland... Ryan Homes and other builders are selling townhomes and it surpises me on how gullible ppl are because here in Frederick County townhouses have not returned to their pre-bubble prices. Single family homes too are selling well too, although the sq footage of new homes is less. The Us Gov is creating a suckers buy!

[ThePowerWithinMe]

Has anyone looked at the leaves changing colors?

I think I'll take my dog for a walk.

Football is 3 days away.

The King of Queens is one of my favorite TV shows.

What's for lunch?

How did I end up watching this video?

[elitebanktyranny]

How am I trying to show people that I'm intelligent?

The fact that the majority people don't understand how our government works is just really starting to piss me off.

I understand what you meant after that explanation but look at what you originally said..... you didn't call him a congressman you just said he's in Congress not the Senate. That doesn't make any sense at all.

I apologize for the name calling though... after reading yandranko's comment yours threw me over the edge

[IWashMyOwnBrain]

Thats amazing the banks have learned nothing....or its all in the plan.