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re: Wells Fargo suspends new HELOC loans

Posted on 12/5/23 at 6:04 pm to
Posted by armsdealer
Member since Feb 2016
11537 posts
Posted on 12/5/23 at 6:04 pm to
Prices falling will increase people bailing on their mortgages, that is when the buying opportunities start. It's going to suck for a lot of people, but the shittiest of them are just going to walk away and let the bank have their house. Banks have given some DUMB loans, and .gov will bail them out, the people who will lose out are not even involved in the mess.
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