I think LENNAR needs more fiber in its diet."TAX CREDIT SPURS HOME SALES." - ROFLMAODon't worry - 2% mortgages are around the corner.
A strong whirlpool is starting to form.http://www.mortgagenewsdaily.com/06022010_housing_unraveling.aspdb
Ya, 2% mortgages sponsored by FHA and backstopped by you john Q taxpayer;) Again remind me who is the sucker?
Whats so sick is that with all the foreclosures and defaults on loans outstanding, real rates should be dialed up to 20-25% to compensate for the risk, but no; not with the keynesian clowns firmly in charge.