The Federal Reserve’s pause in its rate hiking campaign has dovetailed with the decline in energy prices and interest rates sending the Dow Jones to record territory.

Always remember, the Federal Reserve Bank is a privately-owned banking system designed to make a profit for its stockholders. It is not Federal and it has no reserves. It has never been audited. And its Class-A stock is owned by Jewish bankers, mainly in Europe, so it has no patriotic impulses whatsoever. It is the cause of all ups and downs of the market. Its Jewish planners are in business not just to make money but to control politicians and to destroy nations.

Here in California, the distressed properties are being bought up by foreigners or the frontmen of foreigners. It is just another scam to dispossess the People of our own country and make us second-class citizens in our own land. All Jews are devils.

Hang the bankers and bring back Constitutional money, and these problems will dissappear.

Home sales decline report this morning.

My family and I lived in several mobile homes over the years, Joe. Saved a bundle on heating, air-conditioning, and other expenses. And we got along just fine. If not for my wife and "uppity" young'uns, I'll still be in one. And even deeper into the boon docks.

Live cheap, save, stock up, and prepare for big time "shit hitting tha fan".

Oh, glory days ahead !!!

I've told the wife I'd be more than willing to do the same. There is no shame. There is more shame in being crushed by debt than living simply and happily.

I only would like to have some lakefront property on a good fishing lake eventually though.

http://mortgages.interest.com/content/calculators/new/fixedvsInterestOnly.asp

Debt is rarely a good idea. Its too damn expensive. A 30 year loan at 6.25% for an initial 100k, will cost you 615/month, for 30 years, totalling 221,656.04.

The best con is the Interest only mortgage. I still can't believe the jew banker found anyone dumb enough to do this, oops I forgot niggers and mexican, that's why jews love em so much.

If you take out an interest only loan for 100,000, for 30 years. Your monthly payment is 416.67/month. After 30 years, you will have paid the jew banker, 150,001.20, and still owe 100,000 dollars.

In both cases the interest on the loan, was more then the original amount.

Then the jew, is always wondering why people hate them so much, Oy Vey.

The sad thing is it costs as much to live in a mobile home park in my area as it does to pay a mortgage on a decent house. I'd rather live in a trailer or apartment to save $ but it doesn't make sense when I can have a lawn between me and the sheeple for the same cost.

I hear you though, my husband insisted we buy a house a year ago despite my protests we get a larger apartment and wait for the bottom out. He theorizes interest rates will go up to a point we wouldn't see a real savings anyway.

The only people who will truly benefit from this are, dare I say it? Mainly Jews and other elites who have the cash to buy properties out right and resell later, sort of like Germany after WW1.

The sad thing is it costs as much to live in a mobile home park in my area as it does to pay a mortgage on a decent house. I'd rather live in a trailer or apartment to save $ but it doesn't make sense when I can have a lawn between me and the sheeple for the same cost.

I hear you though, my husband insisted we buy a house a year ago despite my protests we get a larger apartment and wait for the bottom out. He theorizes interest rates will go up to a point we wouldn't see a real savings anyway.

The only people who will truly benefit from this are, dare I say it? Mainly Jews and other elites who have the cash to buy properties out right and resell later, sort of like Germany after WW1.

Your husband married a wise woman, too bad he isn't. He should have listened. Don't tell me your in Kaleefornia, cause if you are your really screwed.

Your husband married a wise woman, too bad he isn't. He should have listened. Don't tell me your in Kaleefornia, cause if you are your really screwed.

Thank you for the wonderful compliments. We live on the WI/IL border. As far as I've seen prices in our area haven't ballooned like the costal regions. He may turn out to be right in the end, but for now I consider us renting the place. As I said earlier the sad reality is rent costs nearly the same as owning here. If the bottom falls out in the next couple years it's not as if we'd be losing 15 years of mortgage payments or anything.

Worst case scenario we're fortunate enough to have family in the area we can stay with - not that we want to live like that, but if it gets to bad we wont be the only ones doing it.

Ice Queen, prices are dropping all over out here, and it will do the same in your area, be patient. Da gubbamint has been screwing around with interest rates so long, they will go nowhere but up. That will depress housing prices.

Buying a house right now is fiscal suicide. Stay where you are, right now, and when the shit hits the fan, and it will. Take your money, and buy a nice lake front place, at the same price, in a few years, be patient grasshopper.

The jews have gotten everything so fucked up, you don't even want to think about it, now. They still have a few niggers, and mexicans to reel in yet. Ya know the interest only, and ARM loans.

Let it play out, and then jump in. It will happen.

By the way, I grew up on the south side of Chicago, and when "White Flight" took place, the houses went to half their value.

Don't let these Real Estate assholes, tell you it won't happen, cause it will. I have seen it firsthand.

I also saw the crash happen out here in Kaleefornia, in the late 80's. Prices dropped about 50% out here, too.

If you want to get the Real Estae people off your back, tell em you want a 0% interest loan for 30 years, and see what they do,lol.