Sunday, January 29, 2006

Bay Area exotic loans


Exotic loans

For those who couldn't land an affordable unit, the path toward homeownership increasingly involves an adjustable mortgage.
Roughly 80 percent of home purchases in the Bay Area were financed using adjustable-rate mortgages, which tend to be riskier than fixed-rate mortgages because the interest rate floats up or down after an initial period.
Among the most popular types of loans in 2005 were interest-only mortgages -- a subject of ever more debate in economic circles. These loans carry lower initial payments, which allow borrowers to pay only interest for a fixed period of time. Their monthly payments jump when they must start paying principal. If interest rates have also risen during that timeframe, payments rise dramatically.
San Francisco mortgage research firm Loanperformance.com found A whopping 50 percent of buyers in the Bay Area this year used interest-only loans, compared with 45 percent of borrowers statewide and 31 percent nationwide.
Also popular are negative-amortization loans, sometimes called payment-option loans, which allow borrowers to defer even interest payments, and therefore hold the possibility of an increasing loan balance.
At the same time these mortgages are opening the door to homeownership to many, however, federal regulators are growing worried these exotic loans may pose threats down the road.

7 Comments:

Blogger Doug Kunst said...

Please comment on these stats.

8:33 PM  
Blogger Kely said...

Hello I want to congratulate to you. This site is fantastic, looks like entertained and very good to me it elaborated. I invite them to that they explore a little on my site of the Web
Our real estate listing includes great opportunities on Costa Rica Central Valley’s provinces such as San Jose, our Capital, with remarkable cities as Escazu at the west, or Curridabat at the east, experiencing a great development on both commercial and residential properties, making their real estate pricing highly attractive to investors; on other hand, Alajuela city gathers places with a very special warm weather such as Grecia, La Garita and Atenas, or beautiful farms for agricultural, cattle or nature preservation purposes as those located on San Carlos or Sarapiqui. We also offer land properties in Guanacaste, which is the province, along with Puntarenas, with the most beautiful tropical beaches on the Pacific Coast such as Tamarindo, Playa Grande, El Coco, Playa Hermosa, Nosara, Samara, Herradura, Jaco, Manuel Antonio, Dominical and Golfito, where the real estate business occupies the first place as the local economic activity.
Great investment opportunity at Costa Rica Pacific Coast, Preconstruction condos in costa rica
Condo sales in costa rica, Retirement property in costa rica. Visit us for more info at: http://www.costa-ricarealestate.com/

5:56 PM  
Anonymous Anonymous said...

A lot of people ask me how I like living in Costa Rica. My answer is, it was the best decision that I made in my life. I came to Costa Rica 7 years ago on a vacation and quickly fell in love with the beauty of the country and the hospitality of the people here. I couldn't wait to come back. I started coming here about 4 times per year and always had a great time and didn't want to leave. Two years ago, I decided to leave Arizona and come live in Paradise. I can not tell you how happy I am that I made that decision. Today, I wake up next to the ocean and run on the beach every morning. I eat the most delicious fruits, vegetables and fresh seafood. My stress levels are much lower than when I was living in the States and the potential here for investing, truly is unlimited. The best part of living here is showing our clients this country. I really don't feel like I have a job for the first time in my life. The joy I receive when I see the look on people's faces when they get into the warm water of the Pacific ocean is truly priceless. For those of you that have come and discovered paradise, you know what I am talking about. For those of you that are on the way, I can't wait to get you here. And to those who are thinking about Costa Rica, please do yourself a favor and come down. You will have the time of your life.


We invite you to take a tour on our website, and if should more information is required:





Great Jaco Costa Rica, Quepos real estate, jaco beach condos, costa rica mountain and ocean view properties, jaco beach real estate, beach condos rentals costa rica, condo for sale in costa rica. Visit us for more info at: http://www.costa-ricarealestate.com

12:57 PM  
Blogger Omar Cruz said...

These articles are fantastic; the information you show us is interesting for everybody and is really good written. It’s just great!! Do you want to know something more? Read it...:Great investment opportunity in Costa Rica: condos resort, destin beach, destin condos. Visit us for more info at: http://www.jaco-bay.com/

11:01 AM  
Blogger costa rica said...

A lot of people ask me how I like living in Costa Rica. My answer is, it was the best decision that I made in my life. I came to Costa Rica 7 years ago on a vacation and quickly fell in love with the beauty of the country and the hospitality of the people here. I couldn't wait to come back. I started coming here about 4 times per year and always had a great time and didn't want to leave. Two years ago, I decided to leave Arizona and come live in Paradise. I can not tell you how happy I am that I made that decision. Today, I wake up next to the ocean and run on the beach every morning. I eat the most delicious fruits, vegetables and fresh seafood. My stress levels are much lower than when I was living in the States and the potential here for investing, truly is unlimited. The best part of living here is showing our clients this country. I really don't feel like I have a job for the first time in my life. The joy I receive when I see the look on people's faces when they get into the warm water of the Pacific ocean is truly priceless. For those of you that have come and discovered paradise, you know what I am talking about. For those of you that are on the way, I can't wait to get you here. And to those who are thinking about Costa Rica, please do yourself a favor and come down. You will have the time of your life.


We invite you to take a tour on our website, and if should more information is required:




Great Costa Rica Pacific Coast investment opportunity
guanacaste beach condos, jaco beach condos. Visit us for more info at: http://www.costa-ricarealestate.com/

2:51 PM  
Blogger Omar Cruz said...

These articles are fantastic; the information you show us is interesting for everybody and is really good written. It’s just great!! Do you want to know something more? Read it...:Great investment opportunity in Costa Rica: costa rica retirement property, costa rica retirement information, costa rica hoteles. Visit us for more info at: http://www.costarica4retirement.com

10:29 AM  
Anonymous Poker online za darmo said...

Looks like i found what i searching last few days. Spuerb blog i love it.
----------------------

bonus without any deposit
no deposit bonuses
Another weapon in your poker arsenal, you will find next to the chat window. By clicking on the "Notes", no deposit bonus, you can save the game comments on his opponents. They can participate in a large number of poker hands, or on the contrary can be very careful. Your opponents can be bonus aggressive (regularly wnoszącymi plants before and after the flop), or simply weak (matching when another player bets or raises). There you can save all that you think is worth reporting, and the ability to analyze your opponents plays increase, you can be more versatile and accurate in their judgments.
Be strong mentally - play poker free - texas holdem poker.
no limit hold em playing
start poker cash bankroll
Improving the course has its price - not just poker money. Sometimes you'll think you're incredible poker bad luck, such as when your aces are defeated by someone holding 5-8 and hitting two pair on the turn and river. When this poker happens, you have to remember that it's not bad luck, but the statistics. Good poker hands can be overcome, but every time this happen, for some time it also happens to your opponents. Do not let it upset you. If this happens, you lose your common sense and you will start to make bad decisions. It is not easy, as the already convinced, but this is another indicator of distinguishing good and bad game.
free online poker site
Free No Deposit Poker

12:08 AM  

Post a Comment

<< Home