Goddamn Real Estate

[Ideologue]

Much like Tonitrus, I also hope my siblings predecease my parents and I.

I dunno if I want it...the entire neighborhood is being gobbled up by rich Asian families and yuppie Chinese real estate speculators. 

Oh man.  My parents' McMansion and their other house are out in the stix out in Greenville county.  I propose: a trade.

[Jacob]

Really?

Haven't we had this conversation before?

... though according to BB, you can get 10 years - though I've never come across it.

[DGuller]

Really?

Haven't we had this conversation before?

... though according to BB, you can get 10 years - though I've never come across it.

I thought of so many other infinitely wittier ways to refer to that old clusterfuck of a discussion after I posted that.

[Barrister]

Really?

Haven't we had this conversation before?

... though according to BB, you can get 10 years - though I've never come across it.

I thought of so many other infinitely wittier ways to refer to that old clusterfuck of a discussion after I posted that.

It's okay.  They probably weren't all that witty.

[Grey Fox]

Really?

Haven't we had this conversation before?

... though according to BB, you can get 10 years - though I've never come across it.

Time for a new mortage then.

http://www.firstnational.ca/Residential/Mortgage-Rates/

It has 10 years closed at 4.19%.

[Phillip V]

Pending Home Sales Index Falls in July

'The number of Americans signing contracts to buy previously owned homes fell in July for the second straight month, the latest sign that higher mortgage rates are starting to drag down the housing recovery.

The National Association of Realtors said Wednesday that its seasonally adjusted index for pending sales of existing homes fell to 109.5 in July, 1.3% lower than the June reading and a steeper decline than the 1% drop forecast by economists.
...
Because of the way pending home sales are tallied—at the signing of a contract, rather than at the closing—they provide a more up-to-date reading on housing-market conditions than some other gauges. The average 30-year fixed-rate mortgage for loans of $417,000 or less rose to 4.80% last week, the Mortgage Bankers Association said Wednesday. That was the highest rate in more than two years and 0.22 percentage point higher than the average rate for late July, reflecting a continued climb in borrowing costs that could restrain home sales further.'

http://online.wsj.com/article/SB10001424127887324463604579040741241361708.html