Does the market still have a faint pulse?

[johnfm]

Mortgage deals slightly up in Sept. Dead cat bounce before the true horror of recession cuts in? Or response to some other stimuli (cannot be govt bailout injections, as they were in Oct).


http://www.timesonline.co.uk/tol/money/property_an...

[Timmy35]

Meeooooooowwwwwwwwwwwwww

• thud*

Weoeeo

• thud*

[Timmy35]

haworthlloyd1 said:

would say it has a faint pulse but can't see us coming out of this any time soon

Rates will fall, but it won't help it'll takes ages for the banks to have balance sheets that they can lend off again at anything like the old levels, and sadly my friend I think we'll not see Mortgage Securitisation in it's previous form ever again. No mortgage bonds buyers..... = a huge recution in mortgage lending capacity globally.

[johnfm]

anonymous said:

[redacted]

Stop distracting me, will ya.... I can just about reach that straw....


rented out the big house on a 3 yr corporate. Not out of the woods - but one can still dream......