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Frannie and Freddie


olyclimber

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What are you guys complaining about? 30 year fixed dropped to 5.5% today! Hello 10.31 exchange :moondance:

 

Yep, just completed a 1031 exchange Friday to dump another house. The problem is that although you avoid capital gains, you're still stuck with RE assets in an overvalued market.

 

The real test will be to see whether the two organizations are unwound and sold off or expanded in to another quasi-government agency to be used as a conduit to repay favors and hand out manna to favored sons of the current+2009 Administrations.

 

Time will tell...

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What are you guys complaining about? 30 year fixed dropped to 5.5% today!

 

that's for a US mortgage - can't get one in Argentina :cry:

 

True true... but get something here that you will actually use more often! Think surf house dude! :wazup:

 

I do, then I think place in Argentina + place in Bali

http://www.bali-information.com/BaliPropertyListing.php/Item/84

 

and all for less than a condo in Issaquah :rawk:

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