Tumblr Icon RSS Icon

Historical Document

By Matthew Yglesias on September 25, 2008 at 5:41 pm

"Historical Document"

Share:

google plus icon

From CNN on December 23, 2003, a reminder of how things were: “Home buying with no money down: If the only thing standing between you and homeownership is a downpayment, consider your options.” They keep reassuring you that those PMI payments won’t be so burdensome because your home will increase in value and get you to 20 percent equity in no time. This, as I understand it, is from before the lending standards got really shady.

‹ PREVIOUS
Firefox Workaround

NEXT ›
Palin, Russia, and Alaskan Airspace

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.