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Brown Cafe UPS Forum
UPS Retirement Topics
Need advice from future retirees or retired.
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<blockquote data-quote="Up In Smoke" data-source="post: 5409981" data-attributes="member: 79702"><p>Mortgage rates are tied to the 10 yr treasury note. Historically that note doesn't move enough to cause foreclosures. The HUD sales that we typically see are because mortgage regulations were adjusted to allow people who couldn't or shouldn't own a house, get a mortgage. 2003-2005 and 2018-2021 are the most recent to my memory. We will see in about 2 years the result of those questionable policy adjustments.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5409981, member: 79702"] Mortgage rates are tied to the 10 yr treasury note. Historically that note doesn't move enough to cause foreclosures. The HUD sales that we typically see are because mortgage regulations were adjusted to allow people who couldn't or shouldn't own a house, get a mortgage. 2003-2005 and 2018-2021 are the most recent to my memory. We will see in about 2 years the result of those questionable policy adjustments. [/QUOTE]
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Need advice from future retirees or retired.
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