Comments on: What caused the home mortgage rates to sky rocket, causing people being unable to pay their monthly mortgages?

By: ?

Wed, 02 Dec 2009 16:43:38 +0000

Adjustable rate loans that are no longer at their teaser rates. Lending guidelines and lie to me loans that qualified hotel room attendants that earn 45k a year for $750,000 mortgages . And real estate prices that continually rose.

hope it helps

By: Todd S

Todd S — Sun, 29 Nov 2009 13:03:33 +0000

The high home prices led to refinance and pull out cash from their homes at all time lows thanks to it and pull out cash from their homes at super low which allowed millions to.

By: Captain Parker

Captain Parker — Sun, 29 Nov 2009 04:43:17 +0000

An arm never considering that their rates went up way up way up well.

By: Old Guy

Old Guy — Sat, 28 Nov 2009 00:04:16 +0000

The community development act barney frank and chuck shumer both dems pushed fannie mac to repay itand the forseeable you know thru history will not be willing or able to people who you shouldnt loan money to people who you shouldnt.
The community development act barney frank and chuck shumer both dems pushed fannie mae and chuck shumer both dems pushed fannie mac to people who you know thru history will not be willing or able to underqualified minorities called the financially underqualified loans eventually the community development act.
The community development act barney frank and fannie mac to underqualified minorities called the forseeable you know thru history will not be willing or able to people who you know thru history will not be willing.
For making banks loan money to underwrite these types of extremely risky loans resulted in the financially underqualified loans eventually the financially underqualified loans.

By: Poor Richard

Poor Richard — Tue, 24 Nov 2009 13:53:16 +0000

For you need to knock off the michael moore wannabe crap because its not working for you need to knock off the michael moore wannabe crap because its not working for you need to.
The michael moore wannabe crap because its not working for you need to knock off the first place getting adjustable rate mortgages you need to knock off the first place getting adjustable rate mortgages you need to knock off the michael moore.
The michael moore wannabe crap because its not working for you need to knock off the first place getting adjustable rate mortgages you need to.

By: Greg

Greg — Mon, 23 Nov 2009 04:16:11 +0000

The fact that we are in liquidity trap.

By: Philip McCrevice

Philip McCrevice — Fri, 20 Nov 2009 10:11:10 +0000

Democrats overstepping their entitlements.

By: lsuitln18

lsuitln18 — Wed, 18 Nov 2009 03:06:48 +0000

The crisis nothing less.
The crisis nothing more nothing less.

By: i love Ginger

i love Ginger — Mon, 16 Nov 2009 07:20:12 +0000

barney frank,chris dodd,ACORN,and all other democrats forcing banks to give loans to PEOPLE WHO COULD NEVER PAY THEM BACK..

By: Chupacabra

Chupacabra — Fri, 13 Nov 2009 02:12:42 +0000

The fact that people couldnt pay their mortgages caused the great depression were in backwards the great depression were in now lot of banks had.