Posted by El Toro on April 11, 2008 at 14:38:35 from (205.188.117.74):
In Reply to: OT - Economics posted by Spook on April 11, 2008 at 13:12:21:
They should never have lowered the interest rates since the realtors will tell a customer with the rates being so low, you can now afford a more enpensive house. They forget to tell them what the real estate taxes, heating & cooling, water and sewer bill is. I had to show copies of my 1040 for 2 years and get a statement from my employer showing how long I had been employed there and if the job was permanent or temporary. This was for am VA loan in 1962. I didn't have to do all that on this home since I paid 1/3 down. Hal
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Today's Featured Article - Dad's Old Silver King and Joe Capalco - by Woody E. Diehl. My father, Charles Diehl, grew up in the Elsworth, Ohio area during the Depression on a small working farm. I never saw the place, nor was I around during his early years. What I know about those hard times comes from listening to Dad and his old pals reminisce from time to time. One of the old timers that would sit with Dad and chew the fat about the 'good ole days' was Joe Capalco. Joe wasn't like most of my Dad's friends. He rarely worked that we knew of. Always had plenty of time
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