Blown Mortgage - Latest Comments in The case for deflation just keeps getting stronger

Re: The case for deflation just keeps getting stronger

Queen Creek AZ CPA — Sat, 30 Jan 2010 10:19:13 -0000

I think many of these bankruptcies have been in process for a while. The KB Toys was a slam dunk. With the terrible economy and so many people buying things online, there will be many more of these to come.

Re: The case for deflation just keeps getting stronger

Morgan Brown — Wed, 17 Dec 2008 03:49:06 -0000

Con - Looks like you only had to hold your breath for a few hours. Feel free to breathe now that the Fed has taken rates to zero. Those people who just refied at 4.75% are going to wish they waited. Luckily by going to zero there's not really a question of waiting. Now it's just the lack of supply (in terms of qualified borrowers) that is going to kill us.

Re: The case for deflation just keeps getting stronger

Mark — Tue, 16 Dec 2008 18:10:33 -0000

This is an interesting post. From a consumer point of view, I can understand while people keep waiting for interest rates to drop, but hopefully people will start taking advantage of the federal government’s loan modification plan to guarantee nearly three million mortgages. Thanks for the valuable insights.