Early Retirement & Financial Independence Community - View Single Post - Do you want to pay for the Sub-Prime freeze?

Payin-the-Toll · 12-03-2007, 02:26 PM

Jeez--what's the big deal. I keep seeing the streamer on Fox News that 97.4% of all mortgages are being paid on time. So if a small percentage of the 2.6% that don't actually pay on time default, could it really be that bad?

12-03-2007, 02:26 PM	#66
Payin-the-Toll Recycles dryer sheets Join Date: Feb 2006 Location: Indianapolis Posts: 164	Jeez--what's the big deal. I keep seeing the streamer on Fox News that 97.4% of all mortgages are being paid on time. So if a small percentage of the 2.6% that don't actually pay on time default, could it really be that bad?