mortgages Tag Posts Index

My Brother Sold His Flat - Small Miracles Do Happen

source The odds on my brother selling his apartment were 36.98% and yes he got lucky even if it was 20% below the asking price. This morning my brother received

If You KNEW Housing Was Gonna Crash, How Long Before You Stopped Investing?

I see housing going down. Prices dropped, prices dropped, prices dropped… on RedZil, but still there are pundits saying that the housing market is just fine. Mostly

The Banksters Have Really Done A Number On Our Housing

The prices of houses today is all because of the banksters. Not just because they control mortgages, but also because they have controlled where people moved and

How Lives Are Destroyed By A Mortgage

Today, a mortgage seems ubiquitous, just another bill in your life. However, it is not, and its existence is evil, life shortening, and should never have existed.

No More Mortgages and No More Banks

So many moving parts in the real estate market. People talk about a possible housing collapse, but they rarely talk about the real estate market failing in every

Saw this article online and thought "theres a simple way to do this"

Now this is a quick post about some experience i have in the financial section of dealing with mortgages and debt finances the article im referring to is here I

It's Coming Faster Than I Expected

Mortgage - a mashup of French words. Morte = death, Gage - paper/note = IOU That this concept even exists is abhorrent! We should be stringing banksters up on lampposts,

Mortgages Made It Harder For People To Own Houses

One of the comebacks to "Mortgages are evil" is that without mortgages most people couldn't afford a house. And today, most people cannot afford a house.

The House of Cards is Falling Down. There Will Be No Real Estate Market.

Watching the housing market, i am starting to see the price reductions i expected to see when the interest rates were raised. I calculated that house prices would

38% of Our Income Just Goes Pooof!

We spend, on average, somewhere between 30% and 38% or our income on housing. This seems like a suitable number to spend on our biggest asset / most important

Banks Are Being Shut Down / Closed

Banks are all insolvent. Well, any of them that lend money. But Builder, how could they be insolvent when they make money out of thin air? Good question! The thing

This Is Not Like 2008. Housing is Crashing. But It Will NOT Recover, and Mortgages Become Verboten

I have written a lot about the collapse of the housing market. Especially about blue state suburban property going to zero. However, i rarely go in depth about the

There Will Be No Mortgages In the Future

Jerome Powell said that their will be pain. He said so three times in that speech. So, i suggest we believe him. Then, it seemed like the Fed was going to lower

Banks Crashing + House Prices Falling = No More Mortgages

Mortgage are really hard to get right now. With the market still priced for a 3% mortgage, and the current rate being 8%, there are very few people who can qualify

Walmart CEO Issues Dire Warning "Prepare For Deflation"

The banksters worst fear is deflation. With fractional reserve lending, deflation means currency destruction. And since there is always less currency than debt,

Our Relationship To Housing Needs To Change, Will Change

Robert Kiyosaki - "Your house is not an asset" Your house only appears to be an asset while we have fractional reserve, debt based currency. Only with

No Mortgages because No Banks - What Will That Do To Home Prices?

Small banks are failing, as planned. Soon the medium sized banks will be gobbled up too. The number of mortgage applications per month are down. Since the smaller

HSBC are losing the plot over mortgage lending.... (I FAILED THEIR CREDIT CHECK WTF..?)

So I approached my old mortgage broker to remortgage a few days back and he told me that HSBC had the best deal on offer - I was after a 3 year fixed on a 6 year

Interest Rate Rises are becoming a problem!

Around 20 million people aged over 20 in Britain have an outstanding mortgage, that's 1/3rd of adults in the UK and half of 30-50 year olds. And with the Bank of

There Will Be No More Mortgages

The banks are doing the same thing they did back just before the 2008 housing crisis. Lending money to people who can't afford a home. Can't pay 3% down? How about