RN ignorant? I beg to differ...the bitch is just retawded...Z09 » 26 Dec 2023, 1:05 pm » wrote: ↑ Listen..
Unemployment was at a 40 year low under Trump...
And then covid happened..
You hold that against him?
The entire country was shut down and just about every shut down was approved by Democrats...
And people got laid off and business's closed.
If you hold that against Trump then you're just ignorant.
The entire world was shut down.
By your analogy, the CEOs of airlines should have been fired the week after 911.......Cause no one got on a plane!
The fact are cleared.
Millions of people that qualified for a mortgage under Trump are NOT qualified now because of the interest rates.
And more important that anything...
What are home sales so low?
You say it has NOTHING to do with interest rates under Biden?
Then tell us...
Why ARE sales so bad???????????
Easy question
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom How is that, Hole's Flunky?
****, that's cheap...I remember a buddy looking to buy one locally at HD and they were north of $13...GHETTOBLASTER » 26 Dec 2023, 1:09 pm » wrote: ↑ I live where the Douglas Fir and the Hemlock get turned into Grade 2 2x4s and then shipped off to the highest bidders all over the world.
The price on lumber has held pretty steady over the last few decades....before Biden.
Thanks to Biden's campaign promises to destroy our gasoline based economy building materials more than doubled.
A 2x4 x8 wall stud that for many years cost about $2,50 hit a high of $8.60 at Lowes and Home Depot.
This created a panic situation among the Big Land Developers that turned them into hoarders of materials and higher prices...even some shortages followed.
I get a big kick seeing the higher cost passed onto the brainwashed Mush Heads who voted for Biden
The Big Land Developers and Landlords who are building the 100 unit complexes where single family homes once stood...they win either way......
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom Interest rates neither qualify nor disqualify any applicant.Z09 » 26 Dec 2023, 2:52 pm » wrote: ↑ They don't qualify...
The interest rates have doubled.
Why aren't they buying then Mr. Wizard?
speaking of, how's that data coming for that German Graph of taints you posted?
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom RN, you're the queen of cherry-pickers...agree!
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom That's tautological, Flunky...
You have no idea what you're asking for.....ROG62 » 26 Dec 2023, 3:11 pm » wrote: ↑ speaking of, how's that data coming for that German Graph of taints you posted?
That is not true.R.Suave » 26 Dec 2023, 3:06 pm » wrote: ↑ Interest rates neither qualify nor disqualify any applicant.
A lack of a w-2 disqualifies anyone lacking the wealth to pay cash.
These are very simple concepts..
Rich libtards!!!
We're talking QUALIFICATION...Z09 » 26 Dec 2023, 3:34 pm » wrote: ↑ Are you serious??
Interest rates and how much you want to borrow has everything to do with your loan.
You have no clue what you're talking about. .
If you want to borrow 300k at 3.25 interest rate a year and now it's 7% interest rate for the same amount of $$ you're borrowing it changes everything..
Christ..You're showing your ignorance
How far does your no income verification app go in the absence of net worth sufficient for collateral?
Explain what Biden has to do with the level of interest rates...Z09 » 26 Dec 2023, 3:50 pm » wrote: ↑ Interest rates neither qualify nor disqualify any applicant?
Are you friggin serious?
You want to borrow 300K to buy a home..
At 3.25 under Trump you're paying back about $1300 a month before taxes and insurance....
Now under Biden it's 7% interest..
And now it's over $2000 a month for the same $300K..plus taxes and insurance....
And you're saying this won't affect someone being qualified for a loan?
If you actually believe that then you're a idiot.
In order to qualify for a $400k mortgage, a person must show a minimum income of roughly $110k (according to Bankrate). FYI...not all income is reported on a W-2. Income is also reported on Form 1120-S, Form 1065, 1099-K, 1099-MISC, 1099-INT and 1099-DIV (just to name a few). Assume a partner in a law firm can produce 10 years of Form 1065 from the partnership that show his income averaging $500k a year. Is it your contention said partner would not qualify for $400k mortgage? After all, he doesn't have a W-2.R.Suave » 26 Dec 2023, 3:48 pm » wrote: ↑ How far does your no income verification app go in the absence of net worth sufficient for collateral?
He is directly responsible for the inflationary bubble and the resultant so-called cure for it.R.Suave » 26 Dec 2023, 3:52 pm » wrote: ↑ Explain what Biden has to do with the level of interest rates...
1099 may NOT qualify you.ConsRule » 26 Dec 2023, 3:55 pm » wrote: ↑ In order to qualify for a $400k mortgage, a person must show a minimum income of roughly $110k (according to bank rate). FYI...not all income is reported on a W-2. Income is also reported on Form 1120-S, Form 1065, 1099-K, 1099-MISC, 1099-INT and 1099-DIV (just to name a few). Assume a partner in a law firm can produce 10 years of Form 1065 from the partnership that show his income averaging $500k a year. Is it your contention said partner would not qualify for $400k mortgage? After all, he doesn't have a W-2.
So you say....RebelGator » 26 Dec 2023, 3:57 pm » wrote: ↑ He is directly responsible for the inflationary bubble and the resultant so-called cure for it.
You really struggle with simple economic principles, don't you?
Were you an affirmative action hire?
Are these your words?Z09 » 26 Dec 2023, 3:58 pm » wrote: ↑ This isn't about Biden..
Now it's about you .
So interest rates have nothing to do with someone being qualified for a home mortgage?
This first thing they ask is how much you want to borrow and how much you make.
And in about 30 seconds they can determine if you can afford the monthly payment......that suddenly went through the roof with the interest rates doubled.
You can't be this dumb.
It's as dumb as anything you've posted.
Now under Biden it's 7% interest..
So you're saying a partner with a Form 1065 income averaging $500k a year for the last 10 years would not qualify for a $400k mortgage? But someone with 10 years of W-2s that show an average income of $75k would qualify for that loan? After all, you said it not "how much".R.Suave » 26 Dec 2023, 3:58 pm » wrote: ↑ 1099 may NOT qualify you.
And please stop jagging off to numbers...it's about qualification/not qualification - not "how much".