10% down is a no go.

From what I've been hearing from inside the banks, most mortgages being approved are for a maximum of 80% financing.

supposedly 10% is still available for loan amounts up to $417,000. above that, it will be hard with the PMI companies.

ho, ho, ho....from media magnate to heavyweight banking insider: any particular branch that is speaking to you?

is it x-mas yet?

CC, thanks to being in the media, I have contacts inside pretty much every industry.

hey ericho gotz a uncle who cleans shoes at GS... oh I better put in Ericho75 (that way when he searches his handle, this will pop up :) ).

nyc matt: is that pretty much every industry? how about the shoe shine business? you got a main man there?

CC, actually I do.

"10% down is a no go"

Just wondering, how is this possibly a headline (as opposed to obvious and understood) in June 2009? It's like Rip Wan Winkle nodded off sometime in early 2007 and just woke up now and decided to look into buying a place.

matt? no answer for us on this one? what's the problem? it's a question and you're an expert.

Matt is unable to answer here, because he's busy giving unwanted advice on the 'terrible cellphone reception thread'

Endquote goes over there instead.

oh...i skipped cell phone thread---have enough of my own problems with the stupid things. so...safe to say--matt has advanced degree in electrical engineering along with shoeshine expertise?

No, he takes a survivalist x-separatist tack on that one -- landline's the answer!
He advises OP to be and do just like him.

well---as a traditional media magnate, he is down on new technology.

He's a SCOTUS judge on 'Board Packages'

but....does he shred?

SLS - I was thinking the same thing. Talk about showing up late to the party.

When did it get so hard to buy movies on beta tapes....

betas' mistake was not going after the porn mkt... I believe Sony was a little prudish :) ... they didn't make the same mistake w/ DVD :)

w67th - It is the truth, though. Whichever new technology format is chosen by the porn industry wins.

"betas' mistake was not going after the porn mkt."

While that was one mistake, it was also that they REFUSED to license the technology to other manufacturers so if you wanted to buy a Betamax machine you HAD to buy Sony, whereas JVC pretty much let VHS be an "open" format. Most of the guts in the early days for all the OEMs were made by Hitachi.