I was watching CNN at the gym and they were discussing the subprime loan mess. The feature was this lady who lives in Queens making $38,000 a year got a loan with $10,000 adjustable rate on a $700,000 house!!

CRAAZZZYY!!

I quess it's good she didn't make fifty thousand or she would gone for a million dollar home.
Do people have basic math skills?
A four percent, 30 year fixed loan on 690,000 is $3,294.17 a month!

Do people just want something so badly they loss touch with reality?