Comments on: Credit Scores and the Credit Crisis http://ultimatemoneyblog.com/credit-scores-and-the-credit-crisis Wed, 08 Feb 2012 04:40:13 -0800 hourly 1 http://wordpress.org/?v=3.0.1 By: Make Money http://ultimatemoneyblog.com/credit-scores-and-the-credit-crisis/comment-page-1#comment-1118 Make Money Thu, 14 Aug 2008 12:58:39 +0000 http://ultimatemoneyblog.com/credit-scores-and-the-credit-crisis#comment-1118 When we took our loan we had a good LTV having a 25% share in our house but as house prices have down so quickly and with the threat that interest rates will rise here the value of our home has dropped so the money we have in it has gone down by 15% so to remortgage we would only have a 10% share - its just unreal who is actually making money. When we took our loan we had a good LTV having a 25% share in our house but as house prices have down so quickly and with the threat that interest rates will rise here the value of our home has dropped so the money we have in it has gone down by 15% so to remortgage we would only have a 10% share – its just unreal who is actually making money.

]]> By: Mrs Money http://ultimatemoneyblog.com/credit-scores-and-the-credit-crisis/comment-page-1#comment-1053 Mrs Money Sat, 09 Aug 2008 00:31:12 +0000 http://ultimatemoneyblog.com/credit-scores-and-the-credit-crisis#comment-1053 Todd- I think it would be easier for me if the loan to value was never as high as it was. I think 100% LTV is ridiculous. Obviously it was a bad idea! Todd- I think it would be easier for me if the loan to value was never as high as it was. I think 100% LTV is ridiculous. Obviously it was a bad idea!

]]> By: Todd A http://ultimatemoneyblog.com/credit-scores-and-the-credit-crisis/comment-page-1#comment-1037 Todd A Thu, 07 Aug 2008 02:31:53 +0000 http://ultimatemoneyblog.com/credit-scores-and-the-credit-crisis#comment-1037 As a former community banker, we never lowered our loan-to-value below 80%. For nearly a decade, if you want to own a home, you better bring 20% to the table. It wasn't so long ago that our parents or grandparents were looking at loan-to-value ratios of 50%. Not to mention, how attached are you to a home that you have no money in ? I know loans are the highest yield investment (in many cases), but sometimes, you just gotta take the yield off a Treasury bond instead. As a former community banker, we never lowered our loan-to-value below 80%. For nearly a decade, if you want to own a home, you better bring 20% to the table. It wasn’t so long ago that our parents or grandparents were looking at loan-to-value ratios of 50%. Not to mention, how attached are you to a home that you have no money in ?

I know loans are the highest yield investment (in many cases), but sometimes, you just gotta take the yield off a Treasury bond instead.

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