30-year mortgage rate rises to 4.53% from 4.48%

[Phantasmal]

Rising mortgage rates from the current levels are actually a good thing. I would not want them to go past 7.5 or 8%, but they have been too low for a while.

Remember 1980 rates! Our first mortgage was 9% with a VA!

 

[cawacko]

6% unemployment would be good enough.

If unemployment benefits are not extended it's possible the unemployment rate could plummet if many of those individuals do not continue to look for work. In that scenario would you still be satisfied at 6%?

 

[Big Money]

Remember 1980 rates! Our first mortgage was 9% with a VA!

Jimmy Carter...

 

[Jarod]

Jimmy Carter...

You should check the dates of JC's presidency.

 

[Big Money]

You should check the dates of JC's presidency.

Wasn't he infesting the Oval Office until the day Reagan was sworn in to replace him...in 1981?

 

[Jarod]

Wasn't he infesting the Oval Office until the day Reagan was sworn in to replace him...in 1981?

January of 81'. Are you going to blame JC for the economic conditions while Reagan was president?

 

[Big Money]

January of 81'. Are you going to blame JC for the economic conditions while Reagan was president?

Ranas' mortgage was obtained in 1980, Counselor. JC was president.

Remember 1980 rates! Our first mortgage was 9% with a VA!

Motion denied.

 

[Jarod]

Ranas' mortgage was obtained in 1980, Counselor. JC was president.



Motion denied.

Rates were higher in the 1981-1984 time period.

 

[Big Money]

Rates were higher in the 1981-1984 time period.

Irrelevant.

 

[Jarod]

Irrelevant.

I disagree.

 

[Big Money]

I disagree.

Overruled.

 

[Jarod]

Overruled.

I overrule your overruling.

 

[Big Money]

I overrule your overruling.

You lack standing. Case dismissed.

 

[Jarod]

You lack standing. Case dismissed.

My Writ of Cert. was granted and the case is remanded with instructions!

 

[Big Money]

My Writ of Cert. was granted and the case is remanded with instructions!

Show your documentation to the Court.

 

[Bonestorm]

If unemployment benefits are not extended it's possible the unemployment rate could plummet if many of those individuals do not continue to look for work. In that scenario would you still be satisfied at 6%?

How's about we get to 6% unemployment and then we can talk about that problem?

 

[Big Money]

Obama promised millions of jobs...

 

[maineman]

It's clear that, from big phony's perspective, Obama has been a big failure. I think he should join me in taking the pledge to never vote for Barack Obama for any office ever again.